The goods in process inventory account for the abel, Ask an Expert

Accounting

The Goods in Process Inventory account for the Abel Corporation is as follows:

Beginning Balance $ 4,500
Direct Materials $ 47,100
Direct Labor $ 29,600
Applied Overhead $ 15,800
Ending Balance $ 8,900

The cost of units transferred to finished good is what?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945118

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