Question 15 (1 point) Trailers Inc designs and builds travel trailers. On August 1 work in process consisted of three trailers, Trailer A beginning work in process balance of $40,000; trailer B beginning balance of $35,000; and trailer C beginning balance $25,000. Overhead costs are applied by using a rate of 80% of direct labour costs. Trailer A was the only trailer finished and sold by the end of August. No trailers where started in August. Cost incurred in August: Trailer A $5,000 Trailer B $10,000 Trailer C $15,000 Direct material cost Direct labour cost $8,000 $7,000 $10,000 Which of the following is the total of the work-in-process account at August 31? $115,600 $102,000 $176,000 $55,600