Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The following information pertains to operations forNovember. (CMA Exam adapted)

Units

Work in process, November 1st16,300

Started in production during November103,000

Work in process, November 30th24,300

The beginning inventory was 70% complete to materials and 10% complete to conversion costs. The ending inventory was 80% complete to materials and 30% complete to conversion costs.

Costs pertaining to November are as follows:

Beginning inventory:

direct materials, $54,860; direct labor, $20,620; manufacturing overhead, $15,540.

Costs incurred during the month:

direct materials, $471,000; direct labor, $185,880; manufacturing overhead, $394,160.

What are the total costs in the ending Work-in-Process Inventory assuming Bentley uses weighted-average process costing?

$132,272.

$133,244

$91,560.

$132,729.