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Your answer is partially correct. McQueen Motor Company manufactures automobiles. During September 2020, the company purchased 8,000 headlamps at a cost of $20 per lamp.
Your answer is partially correct. McQueen Motor Company manufactures automobiles. During September 2020, the company purchased 8,000 headlamps at a cost of $20 per lamp. 40 of these lamps were used to replace the head lamps in autos used by traveling sales staff, and 7,400 lamps were putin autos manufactured during the month Of the autos put into production during September 2020.80% were completed and transferred to the company's storage lot. Of the cars completed during the month 80% were sold by September 30 lal Determine the cost of headlamps that would appear in each of the following accounts at September 30, 2020 Raw Materials Work in Process Finished Goods, Cost of Goods Sold, and Selling Expenses Raw Materials 5 51200 S Work in Process 14800 Finished Goods S Cost of Goods Sold 5 105600 Selling Expenses s 148000 155 PM pe here to search
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