Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order coing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost form to estimate that it would incur $4,362,400 in manufacturing overhead cost at an activity level of 574,000 machine-hours The company spent the entire month of January working on a large order for 12,300 custom-made machined parts. The company had no work in process at the beginning of January. Cost data relating to January follow: a. Raw materials purchased on account, $320,000. b. Raw materials used in production, $257,000 (80% direct materials and 20% indirect materials). Labor cost accrued in the factory, $153,000 (one-third direct labor and two-thirds indirect labor) d. Depreciation recorded on factory equipment. $62,800 e. Other manufacturing overhead costs incurred on account, $85.700 M Th overhead cost was applied to production on the basis of 40,670 machine-hours actually worked during the morm 12.300 custom-made machined parts was moved into the finished goods warehouse on January 31 to wat mputing the dollar amount for this entry, remember that the cost of a completed job consists of direct