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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
The following information has been provided by New Age, Inc.:

Direct Labor   $25,100
Direct Materials Used   11,000
Raw Materials Purchased   16,710
Cost of Goods Manufactured   49,000
Ending Work-in-Process Inventory   11,200
Corporate Headquarters' Property Taxes   1,500
Manufacturing Overhead   19,350

Calculate the beginning balance of the Work-in-Process Inventory account.
A) $93,250
B) $4,750
C) $44,250
D) $60,200
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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#3
4 years ago
need help
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#4
4 years ago
Holy cow I got this right. Appreciate the confirmation!
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