Assume the following information from a schedule of cost of goods manufactured: Cost of goods manufactured $ 158,000 Beginning work in process inventory $ 25,900 Direct materials used in production $ 50,000 Manufacturing overhead applied to work in process $ 90,000 Total manufacturing costs added to production $ 200,000 What is the ending work in process inventory

$67,000

Explanation:

Remember that,

Cost of Goods Manufactured = Beginning WIP + Total Manufacturing Costs - Ending WIP

this can also be written as :

Ending WIP =  Beginning WIP + Total Manufacturing Costs - Cost of Goods Manufactured

therefore,

Ending Work In Process Inventory = $25,000 + $200,000 -$158,000

                                                         = $67,000

the third answer is correct.