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Wasson Company reported the following year-end information: Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory $ 50,000 18,000
Wasson Company reported the following year-end information: Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory $ 50,000 18,000 38,000 Ending raw materials inventory 15,000 Raw materials purchased 650,000 Direct labor 230,000 Manufacturing overhead 120,000 How much is Wasson's total cost of work in process for the year?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
