A manufacturer incurred $20,000 in direct material, $10,000 in direct labor, and $15,000 in manufacturing overhead during
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A manufacturer incurred $20,000 in direct material, $10,000 in direct labor, and $15,000 in manufacturing overhead during 2016. Beginning work-in-process inventory was $8,000. The cost of goods manufactured was $47 000.
What was the amount of ending work in process inventory?
Related Book For
Managerial Accounting for Managers
ISBN: 978-0073527130
2nd edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
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