14. Rudy Company uses job-order costing and applies factory overhead based on 180% of direct labor cost in its normal system. The only job in process at January 1 has $6,000 in direct materials, $2,000 in direct labor and $3,600 in applied overhead. Direct materials purchases totaled $45,000. Direct materials inventory increased $2,000 during the year. Direct labor cost was $40,000. Actual overhead was $75,000. The only job still in process at December 31 has $4,800 direct materials, $3,000 direct labor and some applied overhead. What is the cost of goods manufactured? A. C. $153,400 $157,400 B. D. $155,400 $158,400 E. $160,400