Preston & Grover Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Mak- ing is transferred to the Packing Department, where packaging is added at the beginning of the process. On July 1, Preston & Grover Soap Company had the following inventories:
View complete question »
Finished Goods
|
$13,500
|
Work in Process-Making
|
6,790
|
|
|