Wowza Corporation manufactures party supplies and uses a predetermined overhead. The CFO has estimated total manufacturing costs to be $108,500, and the activity driver is direct labor hours, which are estimated to be 62,000 hours. The following beginning balances are below: Work in Process $ 19,800 Finished Goods $ 37,100 Calculate the ending balance for Work in Process (WIP)

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We must use the specified overhead rate to distribute overhead expenses to the Work in Process inven... View the full answer