Direct material aluminum is added 100% at the beginning of the process; direct material wheels are added 100% as the last step in the process. Conversion costs are added equally throughout the process. Conversion is 45% complete for the beginning inventory work in process and 55% complete for the ending inventory work in process. At the beginning of the accounting period, Carlo estimated that production would be 6,500 cars. Estimated factory overhead is $3,250. This information is to be used to determine the application rate for overhead. Estimated and actual direct labor costs totaled $2,200. Actual factory overhead costs totaled $2,500. Selling and Administrative Expenses totaled $1,500 The following information is available concerning the direct materials. Direct Materials-Aluminum Beginning inventory Purchase of aluminum Ending Inventory 0 pounds @ $3.19 a pound 1,625 pounds @ $3.19 a pound One pound of aluminum pellets makes 4 cars 0 pounds @ $3.19 a pound Direct Materials- Wheels (there are four wheels for each car) Beginning inventory Purchase of wheels O wheels @ $0.15 a wheel 26,000 wheels @ $0.15 a wheel The work in process account has the following information Beginning Work in Process contains O cars Ending work in process contains 380 cars The finished goods account has the following Information Beginning Finished Goods Ending Finished Goods Tax rate is 30 % 3200 cars were sold at $7.25 0 cars 2,920 cars