If Job #12 is completed and transferred, what is the balance in the Work in Process Inventory at the end of the period if overhead is applied at the end of the period? * (1 Point) BREAD Co. uses a job order costing system and the following information is available from its records. The company has 3 jobs in process: #5, #8, and #12. Raw material used Direct labor per hour P120,000 P8.50 Overhead applied based on direct labor cost 120% Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is P33,000. Other actual overhead costs totaled P36,000. P99,020 P139,540 P96,700 P170,720