Levelyn Artistry makes a variety of souvenirs that it sells to retailers such as gift shops. The company has already implemented an effective just-in-time inventory. As a result, the company has a limited amount of stock (materials, WIP, and finished goods) in its possession. At the end of February 2022, the company had $77,000 of raw material inventory. In addition, jobs 259 and 261 were in the process and job 260 was complete and awaiting delivery process. Summary job cost sheets for these jobs are as follows:

S as of End of February 2022 Job No. Direct Material Direct Labor Overhead Total Job Status 259 80.000 24000 48,000 152,000 In Process 260 32.000 8.000 16.000 56.000 Finished not yet Delivered 261 96.000 32.000 64.000 192.000 In ProcessS as of End of March 2022 Job No. Direct Material Direct Labor Overhead Total Job Status 259 83.000 29.000 52.000 164.000 Delivered 260 32.000 8.000 16.000 56.000 Delivered 261 99.200 33.600 67.200 200.000 Delivered 262 48.000 32.000 64.000 144.000 Delivered 263 128.000 48.000 96.000 272.000 In Process 264 24.000 16,000 32.000 72,000 In Process