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Save Exit o A company that uses job order costing reports the following information for March. Overhead is applied at the rate of 60% of

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Save Exit o 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. Direct materials used Direct labor used Job 1 $ 10,000 $ 18,000 Job 2 $ 14,000 $ 8,000 Job 3 $ 3,000 $ 6,000 Determine the total dollar amount of Finished Goods Inventory at the end of March. Multiple Choice $44,800. $37,000. $30,400

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