The manufacturing cost accounts of Varsiy Manufacturing Co. Provide the following information for the year ended December 31, 2010.

Direct materials used... $500,000
Direct materials purchased... $520,000
Direct labor cost assigned to production... $130,000
Wages paid to direct workers... $120,000
Manufacturing overhead costs applied to production... $190,000
Cost of finished goods manufactured... $850,000

Inventories at the beginning and end of the year were as follows:
DEC. 31 JAN. 1
Materials... $65,000 $?
Work in process... $15,000 $10,000
Finished goods... $35,000 $65,000

Answer the following questions. If you select answer d, indicate the correct amount.

1. Refer to the above data. The total amount of inventory that should appear in the company's balance sheet at December 31, 2010 is:
A. $115,000
B. $860,000
C. $85,000
D. Some other amount: ____?_____

2. Refer to the above data.The total manufacturing costs charded to the Work in process Inventory account during 2009 amounted to:
A. $850,000
B. $820,000
C. $810,000
D. Some other amount ____?_____

3. Refer to the above data. The total manufacturing costs duducted from revenue in 2010 amounted to:
A. $890,000
B. $880,000
C. $845,000
D. Some other amount ____?_____

4. Refer to the above data. The balance in the Materials Iventory account at the beginning of 2010 was:
A. $65,000
B. $85,000
C. $45,000
D. Some other amount ____?_____