Assume Carpenter Corp's accountant began preparing the product cost report for the first department of a process costing system for the month of September. However, he won the lottery and decided to quit before he finished the task. You have been asked to finish the job. Assuming the company uses the FIFO method, calculate cost of goods manufactured and ending inventory for this department for the month of September.

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The Answer of Assume Carpenter Corp's accountant began preparing the product cost report for the first department of a process costing system for the month of September. However, he won the lottery and decided to quit before he finished the task. You have been asked to finish the job. Assuming the company uses the FIFO method, calculate cost of goods manufactured and ending inventory for this department for the month of September.

Assume Carpenter Corp's Accountant Began Preparing the Product Cost Report