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Direct labor cost incurred during the period amounted to 2.5 times the factory overhead. The CFO of Tierney Construction, Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow.

What should be the amount in the finished goods inventory at December 31, 2010?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442289

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