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Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year: Work in Process, January 1 $ 51,000
Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year:
Work in Process, January 1 | $ | 51,000 | |
Work in Process, December 31 | 37,500 | ||
Direct materials used | $ | 13,000 | |
Total factory overhead | 6,000 | ||
Direct labor used | 27,000 | ||
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