Question: Current Attempt in Progress On November 3 0 , 2 0 2 2 , there was a fire in the factory of Pharoah Manufacturing Limited,
Current Attempt in Progress
On November there was a fire in the factory of Pharoah Manufacturing Limited, where you work as the controller. Th
in process inventory was completely destroyed, but both the materials and finished goods inventories were undamaged.
Pharoah uses normal joborder costing and its fiscal year end is December Selected information for the periods ended Octo
and November follows:
Calculate the normal cost of the work in process inventory lost during the fire.
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