On November 30, 2016, there was a fire in the factory of Able Manufacturing Limited, where you work as the controller. The work in process inventory was completely destroyed, but both the materials and finished goods inventory were undamaged.
Able uses normal job-order costing and its fiscal year end is December 31. Selected information for the periods ended October 31, 2016, and November 30, 2016, follows:

Instructions
Calculate the normal cost of the work in process inventory lost during the fire.

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October 31, 2016 $ 79,250 November 30, 2016 $ 73,250 Supplies (including both direct and indirect materials) Work in process inventory Finished goods inventory Cost of goods sold (year to date) Accounts payable (relates to materials 58,875 60,000 576,000 17,960 63,000 656,000 53,540 purchased only) Manufacturing overhead incurred 129,500 163,300 (year to date) Manufacturing overhead applied 128,700 Other information for November 2016: Cash payments to suppliers Payroll (including $15,375 indirect) Indirect materials used Over-applied overhead (during November only) s 60,000 83,500 5,848 2,750