Attrex Corporation began operations early in the current year, building sport vessels. During the year, the company started and completed 40 boats at a cost of $80,000 per unit. Of these, 30 were sold for $130,000 each and 10 remain in finished goods inventory. In addition, the company had five partially completed units in its factory at year-end. Total

Sep 8, 2023

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Attrex Corporation began operations early in the current year, building sport vessels. During the year, the company started and completed 40 boats at a cost of $80,000 per unit. Of these, 30 were sold for $130,000 each and 10 remain in finished goods inventory. In addition, the company had five partially completed units in its factory at year-end. Total
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