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At the beginning of the current year Grant Company's work in process inventory account had a balance of $35.000 During the year $68.000 ot direct

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At the beginning of the current year Grant Company's work in process inventory account had a balance of $35.000 During the year $68.000 ot direct materials were used in production and 566.000 of direct labor costs were incurred Manufacturing overhead applied for the year amounted to $90.000 $230.000 of products were completed during the year and those costs were moved to finished Goods The ending balance in work in process inventory on December 31 Multiple Choice $66.000 524.000 54000 O 500,000 520000

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