Zanthum Company uses job-order costing. At the end of the month, the following information was gathered:

The beginning balance of Finished Goods was $300, consisting of Job 300 which was not sold by the end of the month.

Required:
1. Calculate the balance in Work in Process at the end of the month.
2. Calculate the balance in Finished Goods at the end of the month.
3. Calculate Cost of Goods Sold for the month.

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Job # Total Cost Complete? Sold? 301 302 3032.300 Yes 304 305 306 307 308 309 310 730 1,560 550 4,560 280 360 780 1,200 260 Yes No Yes Yes No No Yes No Yes No No No Yes Yes No No No No No No