Fitness Company reports the following data for 2009, its first year of operations: Cost of goods manufactured Work in process inventory, Dec 31, 2009 Direct materials used Manufacturing overhead incurred Finished goods inventory, Dec 31, 2009 $440,000 130,000 115,000 160,000 75,000 What are the total manufacturing costs to be accounted for? $300,000 $190,000 $160,000 $570,000 Barr Mfg. provided the following information from its accounting records for 2013: Expected production 30,000 labor hours Actual production 28,000 labor hours Budgeted overhead $900,000 Actual overhead $870,000 How much is the overhead application rate if Barr bases the rate on direct labor hours? $32.14 per hour $30.00 per hour $29.00 per hour $31.07 per hour