Maple Mount Fishery is a canning company in Astoria. The company uses a normal costing system in which factory overhead is applied on the basis of direct labor costs, Budgete factory overleed for the year was $680,000, and management budgeted $337000 of direct labor costs. During the year, the company incurred the following actual costs Direct materials used $ 370,000 Direct labor 320,000 Factory overhead 655, 2041 The January 1 balances of inventory accounts are shown below materials-all direct $ 63,100 Work-in-process 43,800 Finished goods 25,700 The December 31 balances of these inventory accounts were ton percent lower than the balances at the beginning of the year The normal cost of goods sold before under or overapplied overhoed is (Do not round Intermediate calculations