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Watson Company has the following data:
Work in process inventory, beginning $18,000
Work in process inventory, ending 25,000
Direct labor costs 5,000
Cost of goods manufactured 9,000
Factory overhead 7,000
Problem 1: Calculate the amount of direct materials used
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Corporate Earnings and Internal versus External Expansion - suggest which financial measurement is most important to current stockholders' net income, or earnings, and comprehensive income
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