Question $6(10$ points$)$

Ignore the points listed in problem $-$ each question is worth $2\mathrm{.}5$ points each for a total of $10$ points.

Red Farm Equipment is a job$-$order costing manufacturer that uses a plantwide overhead rate based on direct labor hours. Estimations for the year include $$243,000$ in overhead and $27,000$ direct labor hours. Red worked on five jobs in March. Data are as follows:

By March $31,$ Jobs $456$ and $457$ were completed and sold. Job $459$ was completed but not yet sold. The rest of the jobs remained in process.

What is the ending balance of Work in Process on March $31?(4$ pts$).$

What is the ending balance of Finished Goods on March $31?(4$ pts$)$

What is the cost of goods sold for March? $(2$ pts$)$

Assume Red marks up cost by $40\%.(2$ pts$)$

What is the amount of Sales Revenue on the March income statement?