Use the following information to answer the next two questions: The Bus Company uses a job-order costing system. The following data were recorded for June: Costs Added During June Job # WIP (June 1) DM DL 1 $1,000 $ 300 $200 2. $1,400 $ 250 $300 3 $ 500 $1,500 $150 4 $ 750 $4,000 $400 The direct labour wage rate is $10 per hour, Overhead is applied at the rate of $5 per direct labour hour. Jobs 1, 2, and 3 have been completed and transferred to finished goods. Job 2 has been delivered to the customer. Job 4 still in process at the end of the period. What is the ending Work in Process inventory? $7,575 $5,350 $5,350 $4,325 $5,150 None of the above Question 37 (2 points) What is the cost of goods manufactured for June? $7,625 $10,750 $11,275 $5,925