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At the Beginning of the Year,Judge Manufacturing Had the Following Work-in-Process Inventory 20,000\begin{array}{cc}\text {Work-in-Process Inventory }\\\hline\begin{array}{ll|l}&20,000& \\\end{array}\end{array}

question 36

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At the beginning of the year,Judge Manufacturing had the following account balances: Work-in-Process Inventory 20,000\begin{array}{cc}\text {Work-in-Process Inventory }\\\hline\begin{array}{ll|l}&20,000& \\\end{array}\end{array}  Finished Goods inventory8,000\begin{array}{cc}\text { Finished Goods inventory}\\\hline\begin{array}{ll|l}&8,000& \\\end{array}\end{array} Manufacturing Overhead 0\begin{array}{cc}\text {Manufacturing Overhead }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array} Cost of Goods Sold 0\begin{array}{cc}\text {Cost of Goods Sold }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array} Sales Revenue 0\begin{array}{cc}\text {Sales Revenue }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array} The following additional details are provided for the year:
 Direct materials placed in production $83,100 Direct labor incurred 191,100 Manufacturing overhead incurred 301,900 Manufacturing overhead allocated to  production 296,700 Cost of jobs completed and transferred 501,800\begin{array}{|l|l|}\hline \text { Direct materials placed in production } & \$ 83,100 \\\hline \text { Direct labor incurred } & 191,100 \\\hline \text { Manufacturing overhead incurred } & 301,900 \\\hline \text { Manufacturing overhead allocated to } & \\\text { production } & 296,700 \\\hline \text { Cost of jobs completed and transferred } & 501,800\\\hline \end{array} The ending balance in the Finished Goods Inventory account is a ________.

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Relevant Information

Data or facts that are pertinent and applicable to the matter at hand or to the decision-making process.

Matchstick Problem

A type of cognitive problem-solving task that involves re-arranging matchsticks to form correct equations or geometric shapes.

Fixation

An obsessive focus or attachment to a person, idea, or object that impedes psychological development.

Algorithms

Algorithms are defined sequences of instructions or rules designed to solve specific problems or accomplish particular tasks effectively and efficiently.

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