Reedy company reports the following information for 2012:
Cost of goods manufactured 69,500
Direct materials used 27,000
direct labor incurred 25,000
work in process inventory, Jan 1, 2012 11,000
Factory Overhead is 75% of the cost of direct labor. work in process inventory on Dec 31 2012 is?
A. 22,500
B. 12,250
C. 13,500
D. 10,200