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The Following Partially Completed T-Accounts Summarize Last Year's Transactions for Kelshaw

Question 55

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The following partially completed T-accounts summarize last year's transactions for Kelshaw Company. The following partially completed T-accounts summarize last year's transactions for Kelshaw Company. At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold. -The cost of goods manufactured is: A) $56,000 B) $50,000 C) $61,000 D) $55,000 At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold.
-The cost of goods manufactured is:


A) $56,000
B) $50,000
C) $61,000
D) $55,000

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