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The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transfer Finished Goods Inventory. Beginning WIP Direct
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transfer Finished Goods Inventory. Beginning WIP Direct materials Direct labor Applied overhead Work in Process Inventory Debit Credit 5,100 47,700 30,200 16,400 10,100 To finished goods Ending WIP The cost of jobs transferred to finished goods is: Multiple Choice $89,300, $94,300.
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