Warren Manufacturing began business on January 1

During its first year of operation, Warren worked on five industrial jobs and reported the following information at year-end:

Job 1 Job 2 Job 3 Job 4 Job 5
Direct Materials 1,000 7,500 4,800 3,700 1,500
Direct Labor 12,000 20,000 13,800 12,700 800
Allocated Mfg. Overhead 1,500 6,000 2,400 7,100 200
Job completed: Jun 30 Sep 1 Oct 15 Nov 1 Not completed
Job sold: Jul 10 Sep 12 Not sold Not sold N/A
Revenues: 25,000 39,000 N/A N/A N/A

What was the balance in Finished Goods Inventory at year-end?
A) $35,000
B) $21,000
C) $44,500
D) $23,500

C .C) Job 3 and Job 4 are the jobs that are completed and not sold at year end.