Blue Farm Equipment is a job-order costing manufacturer that uses a plantwide overhead rate based on direct labor hours. Estimations for the year include $256,000 in overhead and 32,000 direct labor hours. Blue worked on five jobs in March. Data are as follows: Balance, 3/1 Direct materials Direct labor cost Direct labor hours Job 324 $28,200 21,000 11,600 400 hrs. Job 325 $17,900 27,000 8,400 350 hrs. Job 326 $ 8,500 28,000 19,600 700 hrs. Job 327 S 0 23,000 4,200 150 hrs. Job 328 S 0 14,000 14,700 490 hrs. By March 31, Jobs 325 and 327 were completed and sold. Job 324 was completed but not yet sold. The rest of the jobs remained in process. 1. What is the ending balance of Work in Process on March 31? (4 pts) 2. What is the ending balance of Finished Goods on March 31? (4 pts) 3. What is the cost of goods sold for March? (2 pts) 4. Assume Blue marks up cost by 40%. (2 pts) What is the amount of Sales Revenue on the March income statement