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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
The following information has been provided by Squash Corporation:

Direct Labor   $6,000
Direct Materials Used   3,000
Raw Materials Purchased   9,000
Cost of Goods Manufactured   13,000
Ending Work-in-Process Inventory   1,400
Corporate Headquarters' Property taxes   900
Manufacturing Overhead Incurred   400

The beginning balance of Work-in-Process Inventory account was ________.
A) $21,000
B) $4,500
C) $9,400
D) $5,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
7 years ago
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H3Ko Author
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7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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