At the Beginning of the Current Year,the Grant Company's Work

Multiple Choice

At the beginning of the current year,the Grant Company's work in process inventory account had a balance of $30,000.During the year,$68,000 of direct materials were used in production,and $66,000 of direct labor costs were incurred.Factory overhead for the year amounted to $90,000.Cost of goods manufactured is $230,000.The balance in work in process inventory on December 31 is

A) $24,000
B) $44,000
C) $66,000
D) $36,000