2. A company that uses job order costing reports the following information. Overhead is applied at the rate of 60% of direct materials. The company has no beginning Work in Process or Finished Goods inventories. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March Direct materials used Direct labor used Job 1 $ 10,000 $ 18,000 Job 2 $ 14,000 $ 8,000 Job 3 $ 3,000 $ 6,000 Determine the total dollar amount of Work in Process Inventory at the end of March. Multiple Choice $44,800. O $37,000. $30,400