Cost accumulation On September 25, a hurricane destroyed the work in process inventory of Biloxi Corporation. At that time, the company was in the process of manufacturing two custom jobs (B325 and Q428). Although all of Biloxi's on-site accounting records were destroyed, the following information is available from some backup off-site records. Biloxi Corp. applies overhead at the rate of 85 percent of direct labor cost. The cost of goods sold for the company averages 75 percent of selling price. Sales from January 1 to the date of the hurricane totaled $3,515,600. The company's wage rate for production employees is $28.38 per hour. A total of 25,760 direct labor hours were recorded from January 1 through September 25. As of September 25, $48,356 of direct material and 128 hours of direct labor had been recorded for Job B325. Also at that time, $32,340 of direct material and 240 hours of direct labor had been recorded for Job Q428. January 1 inventories (of the current year) were as follows: $42,900 of Raw Material and $151,580 of Finished Goods. Raw materials purchased during the year totaled $1,855,207.20. The amount of Work in Process Inventory at January (of the current year) was $32,120. Jobs B325 and Q428 were not in process on January 1. One job, R91, was completed and in the warehouse awaiting shipment on September 25. The total cost of this job was $364,320. Determine the following amounts. a. Cost of goods sold for the year $ b. Cost of goods manufactured during the year $ c. Amount of applied overhead for each job in WIP Inventory Note: Round your answers to two decimal places (i.e. round $4.355 to $4.36). Job B325 $ Job Q428 $ d. Cost of WIP Inventory destroyed by the hurricane Note: Round your answers to two decimal places (i.e. round $4.355 to $4.36). Job B325 $ Job Q428 $ e. Cost of RM Inventory destroyed by the hurricane Note: Round your answers to two decimal places (i.e. round $4.355 to $4.36).