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Business, 06.10.2019 10:02 jnsoccerboy3121

The fabricating department started the current month with a beginning work in process inventory of $11,300. during the month, it was assigned the following costs: direct materials, $77,300; direct labor, $25,300; and factory overhead, 60% of direct labor cost. also, inventory with a cost of $115,500 was transferred out of the department to the next phase in the process. the ending balance of the work in process inventory account for the fabricating department is:
a. $15,260.
b. $68,796.
c. $110,300.
d. $61,860.
e. $178,296.

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