GEN. COMBINED FIN.+MAN.ACCT LCPO
9th Edition
ISBN: 9781266151231
Author: Wild
Publisher: MCG
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What are the budgeted cash disbursement for june?
In July, one of the processing departments at Felstone Corporation had an ending work in process inventory of $15,800. During the month, $472,000 of costs were added to production, and the cost of units transferred out from the department was $495,000. In the department's cost reconciliation report for July, what would be the cost of beginning work in process inventory for the department?
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