The Machining Department Started the Current Month with a Beginning

Multiple Choice

The Machining Department started the current month with a 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) $56,000.
C) $59,000.
D) $110,000.
E) $165,000.