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Unformatted text preview: Beginning WIP Inventory, January 1 $140,400 + Total manufacturing costs 2,119,200 = $2,259,600 - Ending WIP Inventory, March 31 $171,000 = Cost of good manufactured $2,088,600 Cost of goods sold Property taxes on manufacturing plant building Depreciation of manufacturing equipment Total manufacturing costs to account for Beginning FG Inventory, January 1 $540,000 + Cost of goods manufactured $2,088,600 - Ending FG inventory, March 31 $510,000 = Cost of goods sold $2,118,600...
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This note was uploaded on 03/13/2011 for the course ACCO 501 taught by Professor Rosa during the Spring '11 term at American University - Puerto Rico.
- Spring '11