Maple Company uses a job costing system. Maple Company's schedule of cost of...
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Maple Company uses a job costing system. Maple Company's schedule of cost of goods the month ended August 31 Cost of direct materials used Cost of goods manufactured Cost of direct labor ($20.00 per hour) Work in process inventory, August 1 $43,000 $124,500 $75,600 $15,300 Allocated manufacturing overhead costs for August amount to $50,800. What is the amount of work in process inventory (before any adjustment for overallocated or underallocated manufacturing overhead) on August 31? OA. $35,500 B. $139,800 yc. $60,200 D. $169,400
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