PLEASE HIGHLIGHT THE ANSWER

Wrap Corporation is a job-order costing company.

The following information about the jobs was given for March:

	Job 201	Job 202	Job 203	Job 204
Balance 3/1	$64,500	$40,250	$31,400	0
Direct materials	64,000	32,300	21,000	16,000
Direct labor	82,000	39,600	45,000	25,000
Allocated Overhead	164,000	79,200	90,000	50,000
Total 3/31 (???)

By March 31, Jobs 202 and 203 were completed. Job 203 was sold for $290,000, only sale for the month. The remaining jobs were still in process. There were no other job orders in any inventory account.

Question: The March gross profit was

A) $106,200

B) $102,800

C) $102,600

D) $102,400

Question: Wrap would use a Job Order system because they

A) Produce a low volume of very different units

B) Produce a large volume of similar units

C) Like to give the job orders different sounding names

D) Like to use a different color for each job order