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6. LO 4 On December 31, Talley Company recorded the following information in the Grating Department's Work in Process Inventory account: Units Cost Beginning balance

6.

LO 4 On December 31, Talley Company recorded the following information in the Grating Department's Work in Process Inventory account:

Units

Cost

Beginning balance (80% complete)

5,000

$56,000

Started into production

115,000

$1,505,800

Completed and transferred to Assembly Department

105,000

?

Ending balance (60% complete)

15,000

LO 4 Refer to question 6. What is the ending balance in the Work in Process Inventory account on December 31?

(a)

$123,300

(b)

$205,500

(c)

$195,300

(d)

$168,000

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