Keoni Inc. manufactures a sugar product by a continuous process, involving three production departmentsRefining, Sifting,...

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Accounting

Keoni Inc. manufactures a sugar product by a continuous process, involving three production departmentsRefining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $900,000, $375,000, and $2,860,000, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $175,000, and work in process at the end of the period totaled $220,000.

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