Jupiter Manufacturing began business on January L Dring its fint year of operation, r worked on five industrial jobs and reported the folowing infomwion year-end: pirect Materials irect Labor ed Mig Overhead 1.500 6,000 2,500 1000 900 lun Sep Ot 15 Nov sold: Jul 10 Sep 12 Not sold Not sold NA $25,000 539,000 NANA a. What was the balance in Work-in-Process Inventory at year-end? b. What ls the balance of Finished Goods Inventory at year end? c. What is Cost of Goods Sold? 9. For each of the following statements, indicate whether the statement applies to Job Order Costing Systems (J0) or Process Costing Systems (Pc) JO or PC The company manufactures homogeneous products through a series of uniform steps or processes. Cost transfers are made when each job is completed. There are separate Work-in-Process Inventory accounts for department. job sheet is prepared for each job transfers are made at the end of the accounting