On March 1, Sangvikar Company's Work-In-Process inventory consisted of two jobs with the following costs: Job 101 Job 102 Direct materials Direct labor Applied overhead $1,200 1,500 900 $2,400 1,200 1,800 During March, two more jobs were started. Below is the information on costs added to the four jobs during the month. Job 101 Job 102 Job 103 Job 104 Direct materials $500 $1,000 $1,400 $ 700 Direct labor 800 600 2,000 1,200 Jobs 101 and 103 were completed: On March 31, Job 101 there sold at cost plus 40%. Assume that overhead is applied on the basis of 80% of direct labor cost during March regardless of how overhead was assigned in the last period. What would be the ending balance of Work-In- Process as of March 31? $15,880 $10,260 $10,340 O $4,940