The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Raw Materials Inventory Work-in - Process Inventory Finished Goods Inventory Manufacturing Overhead Debit $54,000 83,000 32,000 21,000 The following transactions took place during the month: December 2: Issued direct materials $37,000 and indirect materials $5,000 to production. December 15: Incurred $4,000 and $2,000 toward factory's direct labor cost and indirect labor cost, respectively. What should be the balance in the Work in - Process Inventory following these transactions? A. $69,000 B. $87,000 C. $124,000 D. $85,000 Evergreen Corporation has two major divisions: Agricultural Products and Industrial Products. It provides the following information for the year. Agriculture Division Industrial Division Net sales $140,000 $1,500,000 Operating income $17,600 $220,000 Average assets $310,000 $5,620,000 Calculate the profit margin ratio for the Industrial Division of the company. (Round your answer to two decimal places.) O A. 12.57% O B. 3.91% O C. 14.67% OD. 5.68%