Millville Menagerie Has a Beginning Balance in Its Work-In-Process Inventory

Multiple Choice

Millville Menagerie has a beginning balance in its Work-in-Process Inventory of $33,000 and an ending balance in its Work-in-Process Inventory of $25,000. If Millville's Cost of Goods Manufactured is $114,000, and it incurred costs for direct materials, $42,000, and direct labor, $38,000, how much manufacturing overhead was assigned (applied) to production?

A) $26,000
B) $34,000
C) $42,000
D) $104,000