Answer the Following Questions Using the Information Below:
Wayland Manufacturing

Answer the following questions using the information below:
Wayland Manufacturing uses a normal cost system and had the following data available for 2010:
$\begin{array}{lr}\text { Direct materials purchased on account } & \$ 148,000 \\\text { Direct materials requisitioned } & 82,000 \\\text { Direct labor cost incurred } & 130,000\\\\\text { Factory overhead incurred } & 146,000 \\\text { Cost of goods completed } & 292,000 \\\text { Cost of goods sold } & 256,000\\\\\text { Beginning direct materials inventory } & 26,000 \\\text { Beginning WIP inventory } & 64,000 \\\text { Beginning finished goods inventory } & 58,000 \\\text { Overhead application rate, as a percent of direct-labor costs } & 125 \text { percent }\end{array}$
-The ending balance of work-in-process inventory is ________.

A) $438,500
B) $146,500
C) $130,000
D) $422,000