On january 1, biden, inc.'s workminus−inminus−process inventory account had a balance of $30,300. during the year, $58,500 of direct materials was placed into production. manufacturing wages incurred amounted to $84,000, 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 $90,500. jobs costing $220,500 were completed during the year. what is the december 31 balance of workminus−in minus−process inventory
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On january 1, biden, inc.'s workminus−inminus−process inventory account had a balance of $30,300. du...
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