The total production cost is $156,000. The prime cost is $90,000. Beginning work-in-process inventory is $60,000. The
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Question:
The total production cost is $156,000. The prime cost is $90,000. Beginning work-in-process inventory is $60,000. The cost of finished goods is $125,000. How much does manufacturing overhead (CIF) increase to?
Requirement b) Calculate Ending work in process (WIP) inventory
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