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What is the ending balance in the work-in-process inventory

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The accounts of EverDream,Inc. showed the following balances at the beginning of March:

Account

Raw Materials Inventory debit £31000

Work-in-Process Inventory debit £43000

Finished Goods Inventory debit £52000

Manufacturing Overhead debit @20000

Problem 1: During the month, direct materials amounting to £23,000 and indirect materials amounting to £8,000 were issued to production. What is the ending balance in the Work-in-Process Inventory account following these two transactions?

A. £ 42,000

B. £ 66,000

C. £ 10,000

D. £ 25,000

Reference no: EM132810181

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