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Taft Company had no beginning work in process inventory. Its total manufacturing costs for the year were $888,000. If cost of goods manufactured was $681,000
Taft Company had no beginning work in process inventory. Its total manufacturing costs for the year were $888,000. If cost of goods manufactured was $681,000 and cost of goods sold was $525,500, the amount of ending work in process inventory would have been:
$155,500. $732,500. $362,500. $207,000.
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