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Al the beginning of the year, Swift, Ine's Work in Process Inventory account had a balance of $120,000. During the year, $250,000 of direct materials
Al the beginning of the year, Swift, Ine's Work in Process Inventory account had a balance of $120,000. During the year, $250,000 of direct materials were used in production, and $74,000 of direct labor costs were incurred. Manufacturing overhead amounted to $834,000. The cost of goods manufactured was $677.000. What is the balance in the Work-in-Process Inventory account on December 31? O A $1,158,000 OB. $1,354,000 OC. $601,000 OD. $677.000
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