Wright Corporation had the following information available for December of the current year: 
Plantwide overhead rate is 150% of direct labor costs. Job cost sheets had the following balances:
Jobs Z3 and Z4 were not completed at the end of December. What is the balance in work-in process for Wright at the end of December?
A) $85,000
B) $87,500
C) $56,250
D) $53,750
Correct Answer:
Verified
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