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A company that uses job order costing reports the following information for March. Overhead is applied at the rate of 60% of direct materials cost.

image text in transcribed A company that uses job order costing reports the following information for March. Overhead is applied at the rate of 60% of direct materials cost. The company has no beginning Work in Process or Finished Goods inventories at March 1. 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. Determine the total dollar amount of Finished Goods Inventory at the end of March. Multiple Choice $45,840. $37,720. $30,920. $76,640

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