Tonneau Corporation had the following information available for October 2016: Work in Process, October 1 Materials placed into production, October Direct labor, October Factory overhead rate is 150 percent of direct labor costs. Job cost sheets had the following balances: Job ZI Job Z2 Job Z3 Job Z4 $85,000 Jobs Z3 and Z4 were not completed at the end of December. Refer to Figure 5-5. What is the balance in Work-in-Process for Tonneau at the end of October? $87.500 $56,250 $32,500 55,000 35,000 18,50 $53.750 $20,000 27,500 37,500