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Determine dollar amount of fy cost of goods manufactured

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Reference no: EM132912572

Problem 1: During FY 2020 Annapolis Manufacturing had total manufacturing costs are $500,000. The January 1, 2020 balance of Work-in-Process Inventory is $90,000. The December 31, 2020 balance of Work-in-Process Inventory is $115,000. Use this information to determine the dollar amount of the FY 2020 Cost of Goods Manufactured. Use whole dollars (no cents).

Reference no: EM132912572

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