Robbie Roberts runs a very small construction business and normally keeps no inventory, but in July he bought 10 toilets that were on sale for $100 each to have on hand for construction jobs. Workers used one for a residential job and one for a small commercial job. They also sold one to another firm that was short on a job. For the residential job, the company also bought and used a sink for $200 and a bathtub for $500. Workers put in 16 hours on the residential job during the month and 2 hours installing the toilet in the commercial job. The standard labor rate is $60 per hour. There are no other jobs, and both are still in process. Without regard to overhead, what is the total amount in the Work in Process account at the end of the month?

Box 1: Select the best answer