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39 of 55 (0 complete) ?? 1 This Test: 150 pts possible his Question: 2 pts At the beginning of the year, Swift, Inc.'s Work-
39 of 55 (0 complete) ?? 1 This Test: 150 pts possible his Question: 2 pts At the beginning of the year, Swift, Inc.'s Work- in - Process Inventory account had a balance of $124,000. During the year, $250,000 of direct materials were used in production, and $72,000 of direct labor costs were incurred. Manufacturing overhead amounted to $832,000. The cost of goods manufactured was $676,000. What is the balance in the Work- in - Process Inventory account on December 31? O A. $1,352,000 O B. $602,000 OC. $676,000 OD. $1,154,000
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