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Christopher s Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor costs. Inventory balances at the

Christophers Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor costs. Inventory balances at the beginning of the current year follow:
Raw Materials Inventory $ 20,000
Work in Process Inventory 15,000
Finished Goods Inventory 32,000

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