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At the beginning of the year, Swift, Inc.'s Work-in-Process Inventory account had a balance of $122.000. During the year, $250,000 of direct materials were used
At the beginning of the year, Swift, Inc.'s Work-in-Process Inventory account had a balance of $122.000. 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 $811,000. The cost of goods manufactured was $672,000. What is the balance in the Work-in-Process Inventory account on December 31 OA $585.000 B. 5672.000 OC 51.135.000 OD. $1344,000
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