Stone Cliff Company Manufactures Custom-Order Furniture All Jobs Were Started in May

Stone Cliff Company manufactures custom-order furniture.During 2013,actual manufacturing overhead totaled $720,000.Based on the 2013 results,and projected production for 2014,management prepared the 2014 budget and estimated that manufacturing overhead would total $800,000.The estimated number of direct labor hours for 2014 is 500,000,and the estimated amount of direct labor cost is $1,000,000.The company plans to use direct labor hours as the basis to allocate overhead to jobs.During May and June 2014,employees worked on the following four jobs: $$\begin{array}{|l|l|l|l|l|}\hline \text{Monthly data} & \text{Job X43} & \text{Job X87} & \text{Job Z22} & \text{Job A33} \\\hline \text{May} & & & & \\\hline \quad\text{Direct materials} & \$86,000 & \$72,000 & \$44,000 & \$38,000 \\\hline \quad\text{Direct labor cost} & \$101,000 & \$91,000 & \$78,000 & \$52,000 \\\hline \quad\text{Direct labor hours} & 5,050 & 4,550 & 3,900 & 2,600 \\\hline \text{June} & & & & \\\hline \quad\text{Direct materials} & \$24,000 & \$41,000 & \$35,000 & \$24,000 \\\hline \quad\text{Direct labor cost} & \$28,000 & \$52,000 & \$62,000 & \$32,800 \\\hline \quad\text{Direct labor hours} & 1,400 & 2,600 & 3,100 & 1,640 \\\hline\end{array}$$ All jobs were started in May.Jobs X87 and A33 were completed and delivered to customers during June.What was the balance of the work in process inventory account on June 30?

A) $458,000
B) $479,520
C) $465,200
D) $156,200