Wiley Publishing utilizes job-order costing for textbook production. It allocates overhead at a rate of 120% of direct labor costs. The following is data regarding three jobs:

WIP balance Costs added in February

At Feb 1 Direct Labor Direct Materials

Job #28 $400 $500 $200

Job #29 $500 $300 $300

Job #30 $300 $100 $250

Jobs #28 and #29 were completed and sold in February. How much is the balance in the WIP account at the end of February?

Select one:

a. $770

b. $350

c. $650

d. $470