Question: Wavy Company had a beginning work in process inventory balance of $33,000. During the year, $55,100 of direct materials was placed into production. Direct labor

Wavy Company had a beginning work in process inventory balance of

Wavy Company had a beginning work in process inventory balance of $33,000. During the year, $55,100 of direct materials was placed into production. Direct labor was $64,300, and indirect labor was $19,800. Manufacturing overhead is allocated at 130% of direct labor costs. Actual manufactur g overhead was S87 100, and obs costing S225 000 were completed during the year. What is the ending work n process 1nventory balance? OA. $10,990 OB. $14,500 C. $83,590 D. $180,890

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