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Question 14 3 pts [Note) To answer next 4 questions, refer to the following information (these same data will appear on each screen of the
Question 14 3 pts [Note) To answer next 4 questions, refer to the following information (these same data will appear on each screen of the related question!): Badger Company is a job-order costing manufacturer. On September 1, there were two jobs in process: Job 89 with a cost of $2,300 and Job 90 with a cost of $1,850 to date (i.e., the beginning balance of each job). During September, three new jobs were started: Jobs 91, 92, and 93. Data on costs added during September for all jobs are as follows: Job 89 Job 90 Job 91 Job 92 Job 93 Direct materials cost $ 800 $ 1,360 $ 790 $ 650 $ 960 Direct labor cost 1,300 1,700 2,300 1,500 850 Overhead is applied to each job at the rate of 70% of direct labor cost charged. By September 30, Jobs 89 and 91 were completed and sold. Job 90 was completed but not sold yet. The rest of the jobs remained in process. On September 1, the beginning balance of the Finished Goods inventory account was $2,050. Badger Company prices its jobs at cost plus 40%. What is the balance in Finished Goods on September 30? O $8,150 O $7,912 O $4,250 O $6,100
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