Kayla Inc. uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $150,000 for the year; direct labor was estimated to total $300,000. (1/1) (12/31) Raw Materials Inventory $ 20,000 $ 26,000 Work in Process Inventory $ 44,000 $ 38,000 Finished Goods Inventory $ 68,000 $ 82,000 The following transactions have occurred during the year. Raw materials purchases $ 200,000 Direct