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What the proper account balance in finished goods inventory

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Problem - Conair has the following account balances at year-end:

Raw Materials $125,000

Work-in-Process 25,000

Finished Goods 75,000

Cost of Goods Sold 150,000

Assume that overhead had been over allocated by $25,000. What the proper account balance in the Finished Goods Inventory account after prorating the over allocated overhead?

Reference no: EM132960632

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