What is the ending work in process inventory balance

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Reference no: EM133103927

Question - Here are selected data for Propel Corporation:

Beginning raw materials inventory

$37,000

Beginning work in process inventory

$61,800

Beginning finished goods inventory

$56,300

Cost of materials purchased

$151,000

Cost of direct materials requisitioned

$91,300

Direct labor incurred

$125,900

Actual manufacturing overhead

$160,000

Cost of goods manufactured

$287,600

Cost of goods sold

$265,000

Predetermined Manufacturing overhead rate (% of direct labor)

125%

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

A. $200,625

B. $221,100

C. $214,850

D. $148,775

Reference no: EM133103927

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