Grant Marwick and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data concerning the three audit jobs conducted during November Rondelli Preston Lopez Direct materials: $900 $600 $300 Auditor labor costs: $5,900 $6,600 $3,700 Auditor hours: 72 88 45 Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $50 per auditor hour. The Rondelli job is the only incomplete job at the end of November. Actual overhead for the month was $10,700. How much is the ending balance of Manufacturing Overhead accounting in November? 1) A credit balance of $450 2) A credit balance of $4,050 Auditor labor costs: $5,900 $6,600 $3,700 Auditor hours: 72 88 45 Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $50 per auditor hour. The Rondelli job is the only incomplete job at the end of November. Actual overhead for the month was $10,700. How much is the ending balance of Manufacturing Overhead accounting in November? 1) A credit balance of $450 2) A credit balance of $4,050 3) A debit balance of $7,100 4) A debit balance of $450 Page 4 of 10