Work in process inventory was $12,000 at January 1 and $15,500 at December 31. Finished goods inventory

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Work in process inventory was $12,000 at January 1 and $15,500 at December 31. Finished goods inventory was $60,000 at January 1 and $45,600 at December 31.

Compute cost of goods manufactured.

Cost of goods manufactured

Compute cost of goods sold.

Cost of goods sold

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Managerial Accounting

ISBN: 978-1259307416

16th edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Question Posted: Jan 13, 2017 09:42 AM

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Work in process inventory was $12,000 at January 1 and $15,500 at December 31. Finished goods inventory

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Managerial Accounting

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