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Morrow Corporation had only one job in process during May - Job X 3 2 Z - and had no finished goods inventory on May
Morrow Corporation had only one job in process during MayJob XZ
and had no finished goods inventory on May Job XZ was started in April
and finished during May, Data concerning that job appear below:
The company's total manufacturing overhead applied always equals its total
actual manufacturing overhead.
Required:
What is the cost of goods sold for May?
What is the total value of the finished goods inventory at the end of May?
What is the total value of the work in process inventory at the end of
May?
Cost of goods sold
Ending finished goods inventory
Ending work in process inventory
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