Question: At the beginning of the year GHI, had opening work-in-progress of $240,000. During the year, the following expenditure was incurred: $ 720,000 72,000 350,000
At the beginning of the year GHI, had opening work-in-progress of $240,000. During the year, the following expenditure was incurred: $ 720,000 72,000 350,000 Prime cost Factory/production overheads Closing work-in-progress What was the factory/production cost of goods completed during?
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