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Problem 2: Jorst Manufacturing began business on January 1.2016 During its frst year of operation, Jorst worked on five i information at year-end ndustrial jobs

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Problem 2: Jorst Manufacturing began business on January 1.2016 During its frst year of operation, Jorst worked on five i information at year-end ndustrial jobs and reported the following Direct Materials Direct Labor 1.000-7.500 4 1,500 6,000 250d 7,500 Jul 10 Sep 12 Not 13.000 12.000 800 ted Mfg erhead Job completed Jun 30 Sep Oct 15 Nov ob sold evenues Not 25,000 39 NA NA NIA 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

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