The following cost data pertains to DEF Inc. for December 31st, 2019: Beginning Work-in-Process: Ending Work-in-Process: Direct Materials Used: Direct Costs Incurred in Production: Indirect costs incurred in Production: Beginning Finished Goods Inventories: Ending Finished Goods Inventories: Sales: Selling and Administrative Expenses: $20,000 $ 5,000 $20,000 $30,000 $40,000 $40,000 $20,000 $190,000 $40,000 The dollar value of production transferred to finished goods inventory during the period was: Multiple Choice $75,000 $70,000 0 $60,000 O $85,000