Question: Compute ending work in process inventory for a manufacturer with the following information: Raw materials purchased $120,000 Direct materials used 80,000 Direct labor used 40,000

Compute ending work in process inventory for a manufacturer with the following information:

Raw materials purchased $120,000 Direct materials used 80,000 Direct labor used 40,000 Total factory overhead 90,000 Work in process inventory, beginning of year 12,000 Cost of goods manufactured 200,000

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