Applying Overhead to Jobs, Costing Jobs Ochoa Company builds internal conveyor equipment to client specifications. On October 1, Job 877 was in process with a cost of $18,640 to date. During October, Jobs 878, 879, and 880 were started. Data on costs added during October for all jobs are as follows: Line Item Description Job 877 Job 878 Job 879 Job 880 Direct materials $14,360 $5,960 $3,400 $1,740 Direct labor 15,400 8,000 1,600 2,400 Overhead is applied to production at the rate of 75% of direct labor cost. Job 877 was completed on October 28, and the client was billed at cost plus 50%. All other jobs remained in process. Required: Question Content Area 1. Prepare a brief job-order cost sheet showing the October 1 balances of