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Question - D 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. Compute the ending balance of the Work in Process Inventory account for the Fabricating Department?
A) $13,000.
B) $56,000.
C) $59,000.
D) $110,000
E) $165,000.
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