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Business, 29.02.2020 03:30 ayani144

Wavy Company had a beginning work in process inventory balance of $ 32 comma 100. During the year, $ 54 comma 500 of direct materials was placed into production. Direct labor was $ 63 comma 400, and indirect labor was $ 19 comma 900. Manufacturing overhead is allocated at 125% of direct labor costs. Actual manufacturing overhead was $ 87 comma 500, and jobs costing $ 225 comma 600 were completed during the year. What is the ending work in process inventory balance?

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