Key Corp. began operations on October 1, 2020. It employs a job-order costing system. Overhead is charged at a normal predetermined rate of $2.70 per direct labor hour. The actual operations for the month of October are summarized as follows: a. Purchases of direct material $50,000. b. Material and labor costs charged to production: Total DL Job No. Units Total DMS Total DLS hours 10,000 $4,000 $6,000 3,000 102 8,800 3,600 5,400 2,700 103 16,000 7,000 9,000 4,500 104 8,000 3,200 4,800 3,600 Total 42,800 17,800 25,200 13.800 101 c. Actual overhead costs incurred: variable $22,500, Fixed $15,000 d. Completed Jobs 101, 102 and 103 e. Sold Jobs 102 and 103 Compute: 1. Ending work in process inventory on October 31, 2020 2. Ending finished goods inventory on October 31, 2020 3. Unadjusted cost of goods sold in October Click Save and Submit to save and submit. Click Save All Answers to see all answers. Save All Answers Clooo Window Save and MacBook Pro