The Goods in Process Inventory Account for the AB Corp

Multiple Choice

The Goods in Process Inventory account for the AB Corp.follows:
$$\begin{array}{l}\text { Goods in Process Inventory }\\\begin{array} { l r | r l } \hline \text { Beginning balance } & 4,500 & & \\\text { Direct materials } & 47,100 & & \\\text { Direct labor } & 29,600 & ? & \text { Finished goods } \\\text { Applied overhead } & 15,800 & & \\\text { Ending balance } & 8,900 &\end{array}\end{array}$$


The cost of units transferred to finished goods is:

A) $97,000
B) $105,900
C) $88,100
D) $95,200
E) $92,500