Question

The Finishing Department of Smith and Jones, Inc., the last department in the manufacturing process, incurred production costs of $ 250,000 during the month of June. If the June 1 balance in Work-in-Process—Finishing is $ 0 and the June 30 balance is $ 35,000, what amount was transferred to Finished Goods Inventory?



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  • CreatedJanuary 16, 2015
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