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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