Question: Case 1. Selected preliminary financial information is provided below for Hardy Company: Direct materials used. Direct Labor. Total Factory overhead...... Beginning goods in process.

Case 1. Selected preliminary financial information is provided below for Hardy Company: Direct materials used. Direct Labor. Total Factory overhead...... Beginning goods in process. Ending goods in process $5,000 7,000 5,100 3,000 4,000 Additional Information: Direct material cost increased by 10% Direct labor increased by 25% Factory overhead increased by $500

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