Graham Company uses a normal costing system that applies factory overhead on the basis of direct labor-hours. For the current year, the company estimated that it would incur $25,600 in factory overhead costs and 1,600 direct labor-hours. The April 1 balance in inventory accounts follow: Job Y12 is the only job in process on April 1. The following transactions were recorded for the month of April: The Actual Overhead of the company totaled $16,472. The direct labor cost was $20/ hour What was the balance of the Work-in-Process Inventory control account on April 30? $88,996 $70,660 $67.996 $80,020