Davy Company Had a Beginning Work in Process Inventory Balance

Multiple Choice

Davy Company had a beginning work in process inventory balance of $32,000.During the year,$54,500 of direct materials was placed into production.Direct labor was $63,400,and indirect labor was $19,500.Manufacturing overhead is allocated at 125% of direct labor costs.Actual manufacturing overhead was $86,500,and jobs costing $225,000 were completed during the year.What is the ending work in process inventory balance?

A) $172,400
B) $11,400
C) $4,150
D) $79,250