On January 1, Biden, Inc.'s WorkminusinminusProcess Inventory account had a balance of $ 30 comma 900. During the year, $ 58 comma 600 of direct materials was placed into production. Manufacturing wages incurred amounted to $ 84 comma 500, of which $ 66 comma 000 were for direct labor. Manufacturing overhead is allocated on the basis of 120% of direct labor cost. Actual manufacturing overhead was $ 90 comma 400. Jobs costing $ 220 comma 600 were completed during the year. What is the December 31 balance of WorkminusinminusProcess Inventory?
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On January 1, Biden, Inc.'s WorkminusinminusProcess Inventory account had a balance of $ 30 comma 90...
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