Question 14 (3 points) Listen Use the following information for items 11, 12, 13, 14 and 15. ASU Manfacturing Company designed industrial products for automobile companies. Estimated manufacturing overhead for the year 2021 was $800,000 and estimated direct labor hours were 100,000 hours. During March 2021, ASU worked on three jobs. Data related to these jobs are: I Job #101 Job #102 Job #103 Direct material cost. $50,000 $40,000 $30,000 Direct labor cost 18,000 24,000 12,000 The employees are paid $20 per hour and overhead is assigned based on direct labor hours. During March 2021, Job #101 and Job #102 were completed. Job #103 remains unfinished at the end of March. What is the balance in Work-in-Process Inventory at March 31? $54,000. $75,200. $73,600. $46,800