What is the ending work in process inventory balance

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Crockett Company had a beginning work in process inventory balance of $33175. During the year, $77,000 of direct materials were placed into production. Direct labor was $60036, and indirect labor was $19,500. Manufacturing overhead is allocated at 130% of direct labor costs. Actual manufacturing overhead was $86,500, and jobs costing $225403 were completed during the year. What is the ending work in process inventory balance?

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Reference no: EM131250431

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What is the ending work in process inventory balance : Crockett Company had a beginning work in process inventory balance of $33175. During the year, $77,000 of direct materials were placed into production. Direct labor was $60036, and indirect labor was $19,500. Manufacturing overhead is allocated at 13..

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