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Determine dollar amount of beginning work-in-process

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Reference no: EM132996474

Problem 1: During FY 2020 Bay Manufacturing had total manufacturing costs are $438,000. Their cost of goods manufactured for the year was $431,000. The January 1, 2021 balance of Work-in-Process Inventory is $59,000. Use this information to determine the dollar amount of the FY 2020 beginning Work-in-Process Inventory.

Reference no: EM132996474

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