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In September, one of the processing departments at Shenkel Corporation had beginning work in process inventory of P25,000 and ending work in process inventory of
In September, one of the processing departments at Shenkel Corporation had beginning work in process inventory of P25,000 and ending work in process inventory of P18,000. During the month, the cost of units transferred out from the department was P304,000. In the department's cost reconciliation report for September, the total cost accounted for would be:
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