Maysonet Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.Work in ProcessBal. 1/118,000Credits?Debits520,000 Bal. 12/3134,000 The cost of completed jobs transferred from Work in Process to Finished Goods during the year was:
A. $538,000
B. $520,000
C. $504,000
D. $572,000
Answer: C
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