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The balance in Electric Industries Finished Goods account at December 31 was $325,000. Its December cost of goods manufactured was $1,350,000, its total manufacturing costs
The balance in Electric Industries Finished Goods account at December 31 was $325,000. Its December cost of goods manufactured was $1,350,000, its total manufacturing costs were $1,500,000 and its cost of goods sold in December was $1,455,000. What was the balance in Electrics Finished Goods at December 1?
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