Cost of completed job: Direct materials $15,500 Direct labor 21,000 Manufacturing overhead 16,800 Total cost $53,300 Unit cost ($53,300 2,000) $26.65 (a) On the basis of this data, answer the following questions. (1) What was the balance in Work in Process Inventory on January 1 if this was the only unfinished job? Balance in Work in Process Inventory on January 1 EA $