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Hi- I need help and explanation to learn how to Calculate ABC Company's beginning work in process inventory balance.

The following information is given for ABC Company:

a. conversion costs totaled $360,000 and were equal to three times the prime costs

b. cost of goods manufactured was $415,000

c. beginning work in process is one-half the cost of ending work in process

d. there is no beginning or ending direct material inventory

e. overhead is equal to 340% of direct materials used

f. beginning finished goods totaled $10,000

Calculate ABC Company's beginning work in process inventory balance. Do not use decimals in your answer.

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