Wavy Company had a beginning balance of work-in-process inventory. $32.800. During the year,$55,300 of direct materials was put into production. Direct labor was $64,200 , and indirect labor was$20.400. Manufacturing overhead is allocated to120 % direct labor costs. Actual manufacturing overhead costs were $ 86.600, and the cost of work$225,400 were completed during the year. 

What is the ending balance of work in process inventory?

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To calculate the ending balance of workinprocess inventory we need to start with the beginning balan... View the full answer