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Sunland Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials $230000 $180000 inventory Work in process 300000 160000
Sunland Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials $230000 $180000 inventory Work in process 300000 160000 inventory Finished goods inventory 190000 150000 During 2020, $720000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2020 for Sunland Company is $670000. $580000. $950000. $900000.
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson
17th edition
78025826, 978-1259564239, 1259564231, 978-0078025822
