Hamilton C predete cost of Use the following for questions 6 and 7 sting. Manufacturing overhead is applied to production end of each month. Additional information is available as follows uses goods scale o.150% of or rate of 150% of direct labor cost. Any sold a y over- or underapplied overhead is closed to the or the only job in process at January 31, with accumulated costs as follows: Direct materials Direct labor Applied manufacturing overhead Total manufacturing costs $4,000 2,000 3,000 $9,000 Jobs 102, 103, and 104 were started during February. . Direct materials requisitions for February totaled $26,000 Direct labor cost of $20,000 was incurred for February Actual manufacturing overhead was $32,000 for February 2booot 20,000+ 3,coot Two The only job still in process on February 28 was Job 104, with costs of $2,800 for direct materials and $1,800 for direct labor. 6 od x(800- 2loo+ 4oo 7260 G 6. The cost of goods manufactured for February was nn vonk in Proges A. $77,700 B. $78,000 C. $79,700 D. $85,000 E. None of the above +Totu Cot 1000+ 76,00 -1300 14,10 7. Over-or underapplied manufacturing overhead should be closed to the cost of goods sold account at February 28 in the amount of 20,o0ox 1S 30,000 32,000- 30, 000 A. B. C. D. E. $700 overapplied $1,000 overapplied $1,700 underapplied $2,000 underappied None of the above