1. Everest Ltd. manufactures custom playground equipment using a job order costing system At the start of the year, Everest had the following two jobs in work-in-process (WIP) inventory Double slide Dragon sandbox $ 9,050 $11,500 During the year, two additional jobs (a two-storey playhouse and a special swing set) were started, the double slide and dragon sandbox were completed and sold, and the special swing set was completed but not sold. Everest had no finished goods inventory at the start of the year Everest allocates overhead to jobs at a rate of $65 per direct labour hour. Direct labour rates remained the same throughout the year at $18 per hour The following information is available with respect to Everest's manufacturing for the year: Beginning WIP Direct materials Direct labour Double slide $ 11,500 $ 2,300 $ 1,584 Dragon sandbox $ 9,050 $ 19,000 $ 2,520 TWo-storey playhouse N/A $1,600 $ 630 Special swing set NIA $ 4,000 $ 2,340 What were Everests cost of goods sold (COGS), WIP inventory, and finished goods (FG) inventory at the end of the year? a) $21,104 COGS; $4,505 WIP; $54,460 FG b) $21,104 COGS; $44,175 WIP; $14,790 FG c) $60,774 COGS; $14,790 WIP; $4,505 FG d) $60,774 COGS; $4,505 WIP; $14,790 FG