Wavy Company had a beginning work in process inventory balance of $ 32 comma 100. During the year, $ 54 comma 500 of direct materials was placed into production. Direct labor was $ 63 comma 400 , and indirect labor was $ 19 comma 900. Manufacturing overhead is allocated at 125 % of direct labor costs. Actual manufacturing overhead was $ 87 comma 500 , and jobs costing $ 225 comma 600 were completed during the year. What is the ending work in process inventory balance?
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Home » Business » Wavy Company had a beginning work in process inventory balance of $ 32 comma 100. During the year, $ 54 comma 500 of direct materials was placed into production. Direct labor was $ 63 comma 400 , and indirect labor was $ 19 comma 900.