( Required information Exercise 8-43 & 8-44(Algo)(LO 8-5) [The following information applies...

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Accounting

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Exercise 8-43 & 8-44(Algo)(LO 8-5)
[The following information applies to the questions displayed below.]
Annin Laboratories uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for February:
\table[[Beginning WIP inventory,],[Direct materials,$23,553
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