Jamison Company uses job-order costing and provided the following information on jobs worked on in the month of September: Total Cost Complete? Sold? Job 101 $4,500 Yes No Job 102 3,400 No No Job 103 1,200 No No Job 104 2,800 Yes No Job 105 3,900 Yes Yes Job 106 1,700 No No Job 107 6,000 Yes No Job 108 7,450 Yes Yes The beginning balance of Finished Goods was $4,000 for Job 100, which vas not sold by the end of the month. Required: 1. Calculate the ending balance of Work in Process. 2. Calculate the ending balance of Finished Goods. $ 3. Calculate the ending balance of Cost of Goods Sold. $ 4. Suppose that Job 107 had been sold. How would that affect the ending inventory balances and cost of goods sold? Work in Process would Finished Goods would and Cost of Goods Sold would Applying Concepts On June 1, Delman Company's work in process inventory consisted of three jobs with the following costs: Job 40 Job 41 Job 42 Direct materials $1,000 $2,000 $700 Direct labor 1,800 1,200 800 Applied overhead 1,260 840 560 During June, four more jobs were started. Information on costs added to the seven jobs during the month is as follows: Job 40 Job 41 Job 42 Job 43 Job 44 Job 45 Job 46 Direct materials $3,000 $5,000 $4,700 $3,400 $1,500 $800 $350 Direct labor 4,000 3,200 2,800 1,300 900 740 160 By the end of June, Jobs 40, 41, 42, and 44 were completed. Jobs 40 and 42 were sold. (There were no jobs in Finished Goods on June 30. Delman Company prices its jobs at cost plus 40%. Applying Concepts On June 1, Delman Company's work in process inventory consisted of three jobs with the following costs: Job 40 Job 41 Job 42 Direct materials $1,000 $2,000 $700 Direct labor 1,800 1,200 800 Applied overhead 1,260 840 560 During June, four more jobs were started. Information on costs added to the seven jobs during the month is as follows: Job 40 Job 41 Job 42 Job 43 Job 44 Job 45 Job 46 Direct materials $3,000 $5,000 $4,700 $3,400 $1,500 $800 $350 Direct labor 4,000 3,200 2,800 1,300 900 740 160 By the end of June, Jobs 40, 41, 42, and 44 were completed. Jobs 40 and 42 were sold. (There were no jobs in Finished Goods on June 30. Delman Company prices its jobs at cost plus 40%. Required: 1. Calculate the predetermined overhead rate based on direct labor cost. % 2. Fill in the following table to calculate the ending Work in Process balance for each job as of June 30. Job 40 Job 41 Job 42 Job 43 Job 44 Job 45 Job 46 Beginning balance Direct materials 3,000 5,000 4,700 3,400 1,500 800 350 Direct labor 4,000 3,200 2,800 1,300 900 740 160 Applied overhead Ending balance 3. Calculate the ending balance of: Work in Process Finished Goods Cost of Goods Sold 4. Sales revenue for June equaled $