Business, 21.04.2020 03:07 bazsinghnagoke

The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it was assigned the following costs: direct materials, $76,000; direct labor, $24,000; and factory overhead, 50% of direct labor cost. Also, inventory with a cost of $109,000 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. $13,000.B. $56,000.C. $59,000.D. $110,000.E. $165,000.

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The Fabricating Department started the current month with a beginning Work in Process inventory of $...

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