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During the year, the company started and completed 31,500 units. Direct labor employees worked 23,650 hours at an average cost of $19.50 per hour. Assume

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During the year, the company started and completed 31,500 units. Direct labor employees worked 23,650 hours at an average cost of $19.50 per hour. Assume that all transactions are recorded on a worksheet as shown in the text. On the left-hand side of the equals sign in the worksheet are columns for Cash, Raw Materials, Work in Process, Finished Goods, and PP&E (net). All of the variance columns are on the right-hand-side of the equals sign along with the column for Retained Earnings. When recording the direct labor costs, the Work In Process Inventory account will increase (decrease) by: Multiple Choice C) ($474,075) o O $474,075 o 0 (5461175) o C 696175

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