Fox Ltd used a budgeted indirect-cost rate for its manufacturing operations. For the year 016, manufacturing overhead allocated was $160,000 and manufacturing overhead incurred vas $180,000. Additional data for the year 2016 follows. Manufacturing OH allocated (before proration) to each account Account Ending Balance Work-in-Process Finished Goods Cost of Goods Sold $180,000 $180,000 S240,000 $40,000 $55,000 $65,000 What is the balance of Work-in-Process inventory account after using the proration approach based on manufacturing overhead allocated (before proration) to work-in process, finished goods and cost of goods sold accounts to write off the difference between allocated and actual overhead? a. $186,000 b. $174,000 c. $185,000 d. $35,000 e. $45,000