E2-11 (Static) Calculating Cost of Jobs in Work in Process, Finished Goods, and Cost of Goods Sold [LO 2-4) Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct lobor hours. The direct labor rote $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Job A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed durin April, but not sold. Job C was started during April, but not completed. The job cost sheets revealed the following costs for April: Job C Cost of Jobs in Process, 4/1/2018 Direct Materials Used Direct Labor Applied Manufacturing Overhead Job $12,000 2,000 10,000 Job B $1.000 8,000 8,000 3,000 Required: If no other jobs were started, completed, or sold, determine the balance in each of the following accounts at the end of April a Work in Process b. Finished Goods Cost of Goods Sold