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8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,000 of this
8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?
The ending bal. is $33,480
I know you $33,480 - $11,000
How do you get direct materials cost? Where is the percentage coming from?
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