The Fabricating Department started the current month with a beginning Work in Process inventory of $10,500. During the month, it was assigned the following costs: direct rmaterials, $76,500; direct labor, $24.500, and factory overhead, 60% of direct labor cost Also, inventory with a cost of $111,500 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account for the Fabricating Department is 8 oss 015811 Multiple Choice $69,420 $14,700 $63,700 $180,920. $111,500