question archive The Goods in Process Inventory account for the AB Corp

The Goods in Process Inventory account for the AB Corp

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The Goods in Process Inventory account for the AB Corp. follows:

Goods in Process Inventory

Beginning balance 9,000

Direct materials 78,600

Direct labor 52,100

Finished goods

Applied overhead 27,800

Ending balance 16,400

What is the cost of units transferred to finished goods?

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