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Use the following information for Swansea Manufacturing Company: work in...

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Accounting

Use the following information for Swansea Manufacturing Company:

work in process finished goods
Begining Balance $30,000 $36,000
Transfers In 50,000 ?
Transfers out 44,000 ?
Ending Balance ? 30,000

The cost of goods sold for the period was: a. $6,000 b. $56,000 c. $44,000 d. $50,000

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