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Prepare a production cost report for GHI Company for the month of May 2024 using the following data: Item Amount (in $) Beginning Work in

Prepare a production cost report for GHI Company for the month of May 2024 using the following data:

Item

Amount (in $)

Beginning Work in Process Inventory

20,000

Direct Materials Used

15,000

Direct Labor

10,000

Factory Overhead

5,000

Ending Work in Process Inventory

25,000

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