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Hamstera is a manufacturer of pet houses. The information for March 2021 is as follows: Beginning WIP was 50% complete as to labor and overhead.

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Hamstera is a manufacturer of pet houses. The information for March 2021 is as follows: Beginning WIP was 50% complete as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending WIP was 60% complete. Required: Compute the ending WIP inventory balance. Show full workings

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