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Spikes Sports Manufacturing Company uses a job order costing system to account for its production of ...

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Spikes Sports Manufacturing Company uses a job order costing system to account for its production of ...

Spikes Sports Manufacturing Company uses a job order costing system to account for its production of specialty golf accessories. On May 31 the company reported the following balances in its inventory accounts: $45,000 in Raw Materials Inventory, $25,000 in Work in Process Inventory, and $15,000 in Finished Goods Inventory. On May 31, the total of all open job order cost sheets is

▸ $70,000.

▸ $85,000.

▸ $25,000.

▸ $45,000.

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Managerial Accounting

Edition: 4^th

Author: Davis

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