A manufacturer incurred ($20,000) of direct material, ($10,000) of direct labor, and ($15,000) of manufacturing overhead during

Question:

A manufacturer incurred $$20,000$ of direct material, $$10,000$ of direct labor, and $$15,000$ of manufacturing overhead during 2019. Beginning work-in-process inventory was $$8,000$. If cost of goods manufactured was $$47,000$, what was the amount of the ending work-in-process inventory?

a. $55,000

b. $$6,000$

c. $10,000

d. $53,000

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