Question: Can you solve this general accounting problem using accurate calculation methods? If the cost of the beginning Work in Process (WIP) inventory is $120,000, the

Can you solve this general accounting problem using accurate calculation methods?

If the cost of the beginning Work in Process (WIP) inventory is $120,000, the Cost of Goods Manufactured (COGM) is $1,300,000, direct materials cost is $500,000, direct labor cost is $350,000, and overhead cost is $450,000, calculate the ending Work in Process inventory

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