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16 (1 point) Saved Refshy Company has beginning inventory balances of $120,000 for raw materials inventory, $30,000 for work in process inventory, and $400,000 for

16 (1 point) Saved Refshy Company has beginning inventory balances of $120,000 for raw materials inventory, $30,000 for work in process inventory, and $400,000 for finished goods inventory. During the period, Refshy purchased $340,000 worth of materials and placed $370,000 worth of materials into production. Refshy incurred $900,000 in direct labor costs and applied $710,000 in overhead during the period. The cost of goods completed during the period was $1,990,000 and the cost of goods sold to customers during the period was $2,100,000. What will Refshy's Work-in-Process Inventory t-account look like at the end of the period

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