Katie's Custom Closets uses job order costing. The company has a contract to design closets for a 60 -unit apartment complex: 40 onebedroom apartments with a single, large closet and 20 two-bedroom apartments with two smaller closets. For the large closets, direct material cost was $1,000 and direct labor cost was $500. For the small closets, direct material cost was $750 and direct labor cost was $300 per closet. For all closets, overhead was 60% of direct labor cost. Katie's started the project in October and by the end of the month had completed 25 large closets and 12 small closets. Neither Work in Process nor Finished Goods had a beginning balance. What was Katie's Finished Goods Inventory account balance on October 31 ? $96,600$59,760$24,600$72,000