The Pacific Manufacturing Company operates a job-order costingsystem and applies

The Pacific Manufacturing Company operates a job-order costingsystem and applies overhead cost to jobs on the basis of directlabor cost. Its predetermined overhead rate was based on a costformula that estimated $126000 of manufacturing overhead for anestimated allocation base of $84000 direct labor dollars. Thecompany has provided the following data in the form of an Excelworksheet: Beginning Ending Raw Materials $21000 16600 Work inProgress 44000 40000 Finished Goods 68000 60000 The followingactual costs were incurred during the year: Purchase of rawmaterials (all direct) $133000 Direct labor cost 80000Manufacturing overhead costs: Insurance; factory $7000Depreciation of Equip 18000 Indirect Labor 42000 PropertyTaxes