In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...

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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory of $18,000 and endin

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Answer 1

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Cost to be accounted for
Cost of beginning work in process inventory	18000
cost added t production during the month	194000
Total Cost to be accounted for	212000
Cost accounted for as follows
Cost of ending work in process inventory	20000
Cost of units transferred out	192000
Total cost accounted for	212000

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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...

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In July, one of the processing departments at Junkin Corporation had beginning work in process inventory...

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