Question $13$

A company that uses job order costing reports the

following information for March. Overhead is

applied at the rate of $60\%$ of direct materials cost.

The company has no beginning Work in Process or

Finished Goods inventories at March $1.$ Jobs $1$ and

$3$ are not finished by the end of March, and Job $2$ is

finished but not sold by the end of March.

Job $1$ Job $2$ Job $3$

Direct materials used $ $11,000$ $ $15,000$ $ $4,000$

Direct labor used $$19,000$ $$9,000$ $$7,000$

Determine the total dollar amount of Finished

Goods Inventory at the end of March.