QUESTION 19

Calfee Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:

Beginning inventories:
Raw materials	$	40,000
Work in process	$	19,000
Estimated total manufacturing overhead at the beginning of the year	$	595,000
Estimated direct labor-hours at the beginning of the year		35,000	direct labor-hours

Results of operations:

Raw materials purchased on account	$	423,000
Raw materials (all direct) requisitioned for use in production	$	420,000
Direct labor cost	$	641,000
Actual direct labor-hours		33,000	direct labor-hours
Manufacturing overhead:
Indirect labor cost	$	143,000
Other manufacturing overhead costs incurred	$	531,000
Cost of goods manufactured	$	1,441,000

The ending balance in the Work in Process inventory account is:

		$181,000
		$200,000
		$220,000
		$162,000