ABC Company, a job order costing company worked on three jobs, Job 73, Job 74 and Job 75 in August.

ABC Company, a job order costing company worked on three jobs, Job 73, Job 74 and Job 75 in August. Data are as follows: Job 73 Job 74 Job 75 Balance, August 1 $ 10,140 $ Direct materials $ 8,940 $ 14,760 19,380 Direct labor $ 14,400 $ 12,600 $ 27,600 Machine hours 480 420 1,200 Overhead is applied to jobs based on Machine hours at the rate of: $ 24.00 On August 1, the balance of Finished Goods was as follows: Job 70 Job 72 Balance, August 1 $ 22,800 $ 36,000 By August 31, Job 73 and Job 75 were completed. Job 70 and Job 73 were sold. During August, the following expenses were incurred: Variable marketing expenses 10% of sales revenue Fixed marketing expenses 2,400 Administrative expenses 5,760 The company prices its job at cost plus 30% (sales revenue). Required: Compute the balance in Work-in-Process as of August 31. Compute the balance in Finished Goods as of August 31. Compute the sales revenue for the month of August. Compute the operating income for the month of August