Sway With the Breeze, LLC builds custom treehouses. On March 1, 2 jobs were in process: Oak, with a beginning balance of $12,000, and Poplar, with a beginning balance of $8,600. During March, two other jobs were started: Magnolia and Pine. During March, Oak and Magnolia were sold at cost plus 30%. Poplar and Pine remained in process at month end. During March, the following costs were incurred for each job: Oak Poplar Magnolia Pine Direct materials $1,200 $8,000 $2,100 $3,000 Direct labor* $1,800 $4,800 $360 $1,200 *Direct labor wages average $20 per direct labor hour. The company uses a traditional, normal costing system to allocate manufacturing overhead to production. The predetermined manufacturing overhead rate calculated at the beginning of the year was $5 per direct labor hour. Actual manufacturing overhead for March was $2,000. Given that MOH is closed to cost of goods sold at the end of each month, which of the following statements is correct? O A. Two of the jobs were "completed but not sold" at the end of March. OB. The gross profit reported on March's income statement was $5,440. OC. The ending work in process inventory reported on March's balance sheet was $7,050. OD. The sales revenue for the month was $23,348. O E. Manufacturing overhead was underallocated by $260 during March