Question: 6. The Fabricating Department started the current month with a beginning Work in Process inventory of $20,000. During the month, it was assigned the following

6. The Fabricating Department started the current month with a beginning Work in Process inventory of $20,000. During the month, it was assigned the following costs: direct materials, $80,000; direct labor, $30,000; and factory overhead, 75% of direct labor cost. Also, inventory with a cost of $120,500 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: a. $32,000 b. $13,000 c. $59,000 d. $110,000 e. $165,000

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