The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory.Work in Process InventoryBeginning WIP4,500 Direct materials47,100 Direct labor29,600 Applied overhead15,800 Total Mfg. costs97,000 To finished goods ?Ending WIP8,900 The cost of jobs transferred to finished goods is:
A. $97,000.
B. $95,200.
C. $105,900.
D. $92,500.
E. $88,100.
Answer: E
Business
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