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Morant, Inc. uses a job order costing system and applies overhead on the basis of 1 2 5 % of direct labor cost. On June

Morant, Inc. uses a job order costing system and applies overhead on the basis of 125% of direct labor cost. On June 1,2024, the balance in the work in process inventory account was $120,200.
During June, Morant had the following transactions:
\table[[Raw materials purchased,$53,100
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