7. Olive Productions utilizes job-order costing for textbook production. It allocates overhead at a rate of 130% of direct labor costs. The following is data regarding three jobs: WIP balance On Feb. 1 Costs added in February Direct Labor Direct Materials $500 $200 $300 $300 $100 $250 Job #64 Job #65 Job #66 $600 $700 $500 Jobs #64 and #66 were completed and sold in February. How much is the balance in the Work in Process account at the end of February? A) $990 B) $1,690 C) $1,650 D) $1,300