Inventories Raw materials Work in process Finished goods The company transferred $300,000 of completed goods out...

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Inventories Raw materials Work in process Finished goods The company transferred $300,000 of completed goods out of work in process during January. You have to compute the cost of goods sold. A manufacturing company has the following the following balances for January 2013: January 1 $15,000 25,000 20,000 January 31 $17,000 28,000 32,000 Inventories Raw materials Work in process Finished goods The company transferred $300,000 of completed goods out of work in process during January. You have to compute the cost of goods sold. A manufacturing company has the following the following balances for January 2013: January 1 $15,000 25,000 20,000 January 31 $17,000 28,000 32,000

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Finished Groods Januory 1 20000 Costs o... View the full answer