Mcie Corporation is a manufacturer that uses job-order costing.The company has supplied the following data for the just completed year: 
Results of operations: 
Required:
a.What is the ending balance in Raw Materials?
b.What is the ending balance in Work in Process?
Definitions:
Collaborate
means to work jointly on an activity or project, especially to produce or create something.
Technology
Technology encompasses the application of scientific knowledge for practical purposes, particularly in industry and improvements to quality of life.
Active Listening
A communication technique that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.
Business Writing
The process of composing written materials for professional settings, including reports, emails, and memos.
Q5: Amason Corporation has two production departments, Forming
Q10: In the Excel, or spreadsheet, approach to
Q32: The total amount of overhead applied in
Q58: Easy Inc.uses the FIFO method in its
Q73: The activity rates in activity-based costing are
Q80: Refer to the T-account below: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2627/.jpg"
Q81: If the company allocates all of its
Q152: How much is the cost of goods
Q203: A company will improve job cost accuracy
Q229: The cost of direct materials used is:<br>A)$14,000<br>B)$15,000<br>C)$18,000<br>D)$24,000