Finlon Upholstery, Incorporated, uses a job$-$order costing system to accumulate manufacturing costs, The company's work$-$in$-$process on December $31,20$x$1,$ consisted of one job $($number $2077),$ which was carried on the year$-$end balance sheet at $$156,800.$ There was no finished$-$goods inventory on this date.

Finlon applies manufacturing overhead to production on the basis of direct$-$labor cost. $($The budgeted direct$-$labor cost is the company's practical capacity, in terms of direct$-$labor hours, multiplied by the budgeted direct$-$labor rate.$)$ Budgeted totals for $202$ for direct labor and manufacturing overhead are $$4,200,000$ and $$5,544,000,$ respectively. Actual results for the year follow.

$\backslash$table$[[$Direct material u$$ed$,$$$5,500,000$