The  list of 3 jobs Ross Co. worked on during the year: Cost Job B1 Job O1 Job B2 Prime costs $4,100 $6,250 $7,400 Manufacturing overhead ? ? ? Bob applies overhead at a rate of 65% of prime costs. Job O1 and B2 were completed during the year and job O1 was sold. What is the balance in the work in process account?

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To calculate the balance in the Work in Process WIP account we need to determine the manufacturing o... View the full answer