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Question 1 Top Company uses job-order costing. The company is a manufacturing company. At the very beginning of its fiscal year are the following company

Question 1

Top Company uses job-order costing. The company is a manufacturing company. At the very beginning of its fiscal year are the following company inventory balances:

Raw Materials

Work in Progress

Finished Goods

$20,000

$15,000

$32,000

image text in transcribed
Top Company uses job-order costing. The company is a manufacturing company. At the very beginning of its fiscal year are the following company inventory balances: Top Company uses job-order costing. The company is a manufacturing company. At the very beginning of its fiscal year are the following company inventory balances

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