7. Tonneau Corporation had the following information available for October 2018: - Work in Process, October 1: \$20,000 - Materials placed into production, October: 27,500 - Direct labor, October: 37,500 Factory overhead rate is 150 percent of direct labor costs. Job cost sheets had the following balances: - Job Z1: $32,500 - Job Z2: 55,000 - Job Z3: 35,000 - Job Z4: 18,750 Jobs Z3 and Z4 were not completed at the end of October. What is the cost of goods finished during October for Tonneau Corporation? a. $85,000 b. $87,500 c. $56,250 d. $53,750