Dollar amounts associated with manufacturing chairs

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Reference no: EM131219208

Rocking Chair Manufacturing, Inc. has the following dollar amounts associated with manufacturing the Rocking Chairs it’s intended on selling. Raw Materials is $30,000; Work-In-Process is $20,000, Finished Goods is $5,000. There are also five rocking chairs which need repairs that are estimated to be worth $3,000. How much money does Rocking Chair Manufacturing, Inc. have in inventory?

Reference no: EM131219208

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