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Beginning Ending Inventory Inventory (1/1) (12/31) $ ?? $ 54,000 $ ?? $ 49,000 Work in Process Inventory Finished Goods Inventory Additional information for the

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Beginning Ending Inventory Inventory (1/1) (12/31) $ ?? $ 54,000 $ ?? $ 49,000 Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows: Direct materials used Direct labor Manufacturing overhead applied Cost of goods manufactured Unadjusted cost of goods sold $295,000 $ 245,000 $255,000 $620,000 $639,000 What was the beginning Finished Goods Inventory balance on 1/1? Multiple Choice $68,000 $84,000 O $69,000 $88,000

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