Leija Manufacturing Company uses a job-order costing system and started the month of March with one job in process (Job #359). This job had $490 of cost assigned to it at this time. During March, Leija assigned production costs as follows to the jobs worked on during the month:
|
Job # 359 |
Job # 360 |
Job # 361 |
| Total cost assigned to jobs during March |
$5,900 |
$8,000 |
$2,300 |
During March, Leija completed and sold Job #359. Job #360 was also completed but was not sold by month end. Job #361 was not completed by the end of March. What is Leija's work in process inventory balance at the end of March?