A company has this information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory...

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Accounting

A company has this information from its accounting records:

Sales $70,000

Beginning Finished Goods Inventory $10,000

Ending Finished Goods Inventory $46,000

Cost of Goods Sold $22,000

Ending Work-in-Process Inventory $30,000

Calculate the $ amount transferred from Work-in-Process to Finished Goods.

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