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During FY 2016 Bravo Manufacturing had total manufacturing costs

During FY 2016 Bravo Manufacturing had total manufacturing costs are

$520,000. Their cost of goods manufactured for the year was $475,000.  The January 1, 2017 balance of Work-in-Process Inventory is $60,000. Use this information to determine the dollar amount of the FY 2016 beginning Work-in-Process Inventory. (Round dollar values & enter as whole dollars only.)

 
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