The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the cost accountant. The cost accountant now asks for your assistance in computing the missing amounts.

Direct Materials Inventory
Beg. Bal.	9,000	?	Transferred Out
Purchases	?
End. Bal.	7,400

Cost of Goods Sold
	67,000

Work-in-Process Inventory
Beg. Bal.	8,500	?	Transferred Out
Materials	20,000
Labor	14,500
Overhead	9,000
End. Bal.	?

Finished Goods Inventory
Beg. Bal.	?	?	Transferred Out
Transferred in	40,500
End. Bal.	5,200

What is the value of the ending Work-in-Process inventory balance?

Multiple Choice

• $5,200.

• $9,000.

• $11,500.

• $0.