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Kiuli Mulitalo Kiuli Mulitalo
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4 years ago
On January​ 1, Biden,​ Inc.'s WorkminusinminusProcess Inventory account had a balance of​ $31,900. During the​ year, $58,500 of direct materials was placed into production. Manufacturing wages incurred amounted to​ $85,000, of which​ $64,500 were for direct labor. Manufacturing overhead is allocated on the basis of​ 120% of direct labor cost. Actual manufacturing overhead was​ $90,300. Jobs costing​ $220,800 were completed during the year. What is the December 31 balance of WorkminusinminusProcess ​Inventory?
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Educator
4 years ago
Hi Kiuli Mulitalo

Found the answer here: https://biology-forums.com/index.php?topic=462762.0
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