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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $24,000 and ending work in process inventory of
In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $24,000 and ending work in process inventory of $26,000. During the month, $200,000 of costs were added to production and the cost of units transferred out from the department was $198,000.
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