QUESTION 1 7 marks Capelli's Construction Inc. produces architectural sculptures to its high end clients. The company uses a job order costing system for all of its sculpture projects. Below outlines the projects related to the month of May. There were no projects in progress at the end of April, and all projects Job Additional Information Direct Materials Direct Labour A100 $ 45,185 $ 25,666 A101 $ 42,186 $ 14,598 A102 A103 $ 14,598 $ 14,856 $ 21,489 $ 26,685 1. Budgeted Manufacturing Overhead for the year was $1,365,000 and budgeted direct labour costs were estimated to be $1,250,000. Overhead is allocated on the basis of direct labour costs. 2. Capelli's completed projects A101, A102, A103 in May. 3. The following project was sold to the final customer in May: A102 Required Calculate the finished goods inventory at the end of the month of May.