Estimated DLC Albany Company uses a job-order costing system and applies manufacturing overhead (MOH) based on direct labor cost (DLC). At the beginning of July, the following information was estimated: 318,750 $425,000 Partial activity posted during the month of July is shown in the T-accounts below: Estimated MOH S Work in Process Beg Bal 5 73,000 DM Used 2 Raw Materials (All Direct) Beg Bal 5 72,500 Purchases 142,000 ? End Bal $ 69,450 418,000 Actual DLC MOH End Bal s 75,000 Finished Goods 3,000 Manufacturing Overhead Actual Applied Beg Bals COGM ? ? 316,250 4,500 End Bals 15 Cost of Goods Manufactured (COGM) for the month of July was: A. $ 874,550 B. $ 876,550 c. $ 877,300 D. $ 871,500 E. None of the above