Question
Sludge , Inc . has an ending work in process inventory of $180 and an ending finished goods inventory of $300 . Cost of goods
Sludge,Inc.hasanending workinprocess inventoryof$180and an ending finished goods inventoryof$300.Costofgoods manufacturedwas$630, andcostofgoods sold $540.Production costs incurred duringtheperiod were $620. Whatarethe beginninginventories for workinprocess and finished goods?
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Management Accounting Information for creating and managing value
Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne
8th edition
9781760420413 , 978-1760420406
