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Preston & Grover Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Mak- ing is transferred to the Packing Department, where packaging is added at the beginning of the process. On July 1, Preston & Grover Soap Company had the following inventories:

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Finished Goods

$13,500

Work in Process-Making

6,790

Accounting Basics, Accounting

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