The Machining Department Started the Current Month with Beginning Goods

Multiple Choice

The Machining Department started the current month with beginning goods in process inventory of $10,000.During the month,it was assigned the following costs: direct materials,$76,000; direct labor,$24,000; and factory overhead,50% of direct labor cost.Also,inventory with a cost of $109,000 was transferred out of the department to the next phase in the process.The ending balance of the Goods in Process Inventory account for the Machining Department is:

A) $13,000
B) $1,000
C) $49,000
D) $110,000
E) $3,000