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Darius Manufacturing, Inc The Inventory Account Balances as of January 1 Are Given

question 129

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Darius Manufacturing, Inc. provided the following information for the year:  Purchases - Direct Materials $90,000 Plant Utilities and Insurance 67,500 Indirect Materials Used 11,040 Indirect Labor 4420 Direct Materials Used in Production 99,000 Direct Labor 119,500 Depreciation on Factory Plant and Equipment 5000 Cost of Goods Manufactured 291,500\begin{array} { | l | r | } \hline \text { Purchases - Direct Materials } & \$ 90,000 \\\hline \text { Plant Utilities and Insurance } & 67,500 \\\hline \text { Indirect Materials Used } & 11,040 \\\hline \text { Indirect Labor } & 4420 \\\hline \text { Direct Materials Used in Production } & 99,000 \\\hline \text { Direct Labor } & 119,500 \\\hline \text { Depreciation on Factory Plant and Equipment } & 5000 \\\hline \text { Cost of Goods Manufactured } & 291,500 \\\hline\end{array} The inventory account balances as of January 1 are given below.
 Direct Materials $46,000 Work-in-Process Inventory 1000 Finished Goods Inventory 50,000\begin{array} { | l | r | } \hline \text { Direct Materials } & \$ 46,000 \\\hline \text { Work-in-Process Inventory } & 1000 \\\hline \text { Finished Goods Inventory } & 50,000 \\\hline\end{array} What is the ending balance in the Work-in-Process Inventory account?

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