[13-14] Hamilton Company uses job-order costing. Manufacturing overhead is applied using a predetermined rate of 150% of direct labor cost. Any over- or underapplied manufacturing overhead is closed to the Cost of Goods Sold account at the end of each month. Additional information is available as follows: Job 101 was the only job in process at January 31. The job cost sheet for this job contained the following costs at the beginning of the month: Direct materials Direct labor Applied manufacturing overhead $4,000 $2,000 $3,000 Jobs 102, 103, and 104 were started during February. Direct materials requisitions for February totaled $26,000. Direct labor cost of $20,000 was incurred for February. Actual manufacturing overhead was $32,000 for February. The only job still in process at February 28 was Job 104, with costs of $2,800 for direct materials and $1,800 for direct labor. 13. The cost of goods manufactured for February was: a. $77,700. c. $79,700. b. $78,000. d. $85,000. 14. For the month of February, the manufacturing overhead was: a. $700 overapplied. c. $2,000 overapplied. b. $1,000 overapplied. d. $2,000 underapplied