The Filtering Department started the current month with beginning goods in proce

Question

The Filtering Department started the current month with beginning goods in process inventory of $55,000. During the month, it was assigned the following costs: direct materials, $77,000; direct labor, $44,000; and factory overhead, 20% of direct material cost. Also, inventory with a cost of $66,000 was transferred out of the department to the next phase in the process. The ending balance of the Goods in Process Inventory account for the Filtering Department is:
$66,000
$110,000
$132,000
$125,400
$191,400

Explanation / Answer

$191,400 is right choice

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