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Shift Company had a $650,000 beginning balance in its Work in Process account. During the month, the Work in Process account was debited $30,000 for direct materials, $60,000 for direct labor, and $100,000 for manufacturing overhead. In addition, there was a $180,000 credit to the Work in Process account.

Prepare a condensed Cost of Goods Manufactured Schedule for the month ended January 2000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9979483

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