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Selected accounts with a credit amount omitted are as follows
Work in Process Apr. 1 Balance 7,000 Apr. 30
Goods finishedX 30
Direct materials57,800 30
Direct labor192,800 30
Factory overhead 57,840
Finished Goods Apr. 1 Balance15,000 30
Goods finished301,300
Problem 1: What was the balance of Work in Process as of April 30?
a. $14,140b. $57,840c. $301,300d. $15,000
Compute the amount of the Deferred Tax Liability as of 12f31f18 under the following three independent assumptions
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