Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs:

Work in ProcessBalance on 3/1Job 33$4,200Job 343,700$7,900

Source documents revealed the following during March:

Materials Requisitions FormsLabor Time TicketsStatus of Job at Month-EndJob 33$3,800$5,400Completed and soldJob 342,5003,700Completed, but not soldJob 354,3002,400In processIndirect6001,300$11,200$12,800

The company applies overhead to products at a rate of 50 percent of direct labor cost.

Required:

1.Compute the cost of Jobs 33, 34, and 35 at the end of the month.

2.Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end.