Wood Company has beginning work in process inventory of $108,000 and total manufacturing costs of $477,000. If cost of goods manufactured is $480,000, what is the cost of the ending work in process inventory?

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The Answer of Wood Company has beginning work in process inventory of $108,000 and total manufacturing costs of $477,000. If cost of goods manufactured is $480,000, what is the cost of the ending work in process inventory?

Wood Company Has Beginning Work in Process Inventory of $108,000