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Business, 30.03.2020 22:58 maddie7155

The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials Inventory $ 56 comma 000 WorkminusinminusProcess Inventory 81 comma 000 Finished Goods Inventory 30 comma 000 Manufacturing Overhead 22 comma 000 The following transactions took place during the month: December 2: Issued direct materials $ 27 comma 000 and indirect materials $ 7 comma 000 to production. December 15: Incurred $ 7 comma 000 and $ 2 comma 000 toward factory's direct labor cost and indirect labor cost, respectively. What should be the balance in the WorkminusinminusProcess Inventory following these transactions?

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