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What amount should marigold report as inventories

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Reference no: EM132726343

Marigold Corp. has the following account balances at year end:

Office supplies $3600

Raw materials 28000

Work-in-process 59000

Finished goods 108500

Prepaid insurance 5700

Problem 1: What amount should Marigold report as inventories in its balance sheet?

Reference no: EM132726343

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