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Spruce Company uses a job costing system. Spruce Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 331.
Spruce Company uses a job costing system. Spruce Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 331. $124,200 Cost of goods manufactured Cost of direct materials used 42,200 Cost of direct labor ($40 per hour) 75,800 Work in process inventory, August 1 14,700 Allocated manufacturing overhead costs for August amount to $44,700. What is the amount of work in process inventory (before any adjustment for over-allocated or under-allocated manufacturing overhead) on August 31
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