15. E. None of the above, the answer is The Machining Department started last 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 should be: (5 pts- SHOW ALL WORK OR NO CREDIT EVEN IF CORRECT ANSWER IS SELECTED!!) A. $ 13,000. B. $ 56,000. C. $ 59,000. D. $110,000 E. $165,000