Information is from abc company general ledger

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The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $9,500 and $11,500 and for work in process were $21,500 and $23,500. Raw material purchases and direct labor costs incurred were $37,500 each, and manufacturing overhead applied amounted to $21,500.

Reference no: EM13526976

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