13) Stratford Company applies overhead based upon machine hours. Actual factory overhead was $546,000 and actual machine hours were 37,100. Budgeted factory overhead was $534,600 and budgeted machine hours were 36,500. Before disposition of under/over-applied overhead, the cost of goods sold balance was $1,120,000 and ending inventory balances were as follows: Direct materials WIP Finished goods $ 120,000 380,000 500,000 14) refer to info in Q13 above plus extra info in question in Moodle 15) refer to info in Q13 above plus extra info in question in Moodle 16) refer to info in Q13 above plus extra info in question in Moodle