Problem 2. (15 Points) Connecticut Manufacturing began business on January 1. During its first year of operation, Connecticut worked on five industrial jobs and reported the following information at year-end: Job $21 Job 2 $85 Job 3 Job 4 Job 5 irect Materials $4,000 $3,500 $1,500 $13,000 $21,2 0d-$13,000 Direct Labor -$1 12, Allocated Mfe Overhead $1700 $6200 $2,500 $7,500 $200 No ob completed ob sold: 30 Sep1 Oct 15 Nov 1 complet Jul 10 Sep 12 Not sold Not sold N/ Jun 30 42,000 $45,00 NA N/A N evenues A. What is the work-in-process ending balance at year-end? B. What is the Finished Goods ending balance at year-end? C. What is the Cost of Goods Sold balance at year-end? D. What is the Gross Profit for the Year