Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased). Its predetermined overhead rate was based on a cost formula that estimated $109,200 of manufacturing overhead for an estimated allocation base of $91,000 direct material dollars to be used in production. The company has provided the following data for the just completed year: Purchase of raw materials $ 138,000 Direct labor cost $ 87,000 Manufacturing overhead costs: Indirect labor $ 91,300 Property taxes $ 8,700 Depreciation of equipment $ 19,000 Maintenance $ 16,000 Insurance $ 9,100 Rent, building $ 38,000 Beginning Ending Raw Materials $ 22,000 $ 11,000 Work in