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Meyers Corporation had the following inventory balances at the beginning and end of November: November November 30 Raw Materials 48,000$28,000 Finished Goods $132,000 $90,000 Work

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Meyers Corporation had the following inventory balances at the beginning and end of November: November November 30 Raw Materials 48,000$28,000 Finished Goods $132,000 $90,000 Work in Process $ 29,000 $30,000 During November, production. The company's predetermined overhead rate was $10 per direct labor-hour, and it paid its direct labor workers $14 per hour. A total of 600 beginning Work in Process inventory account. The ending 12,000 during the month and applied $66,000 in manufacturing overhead cost. $102,000 in raw materials (all direct materials) were drawn from inventory and used in hours of direct labor time had been expended on the jobs in the Work in Process inventory account contained of direct materials cost. The Corporation incurred $72,000 of actual manufacturing overhead cost The actual direct labor-hours worked during November totaled: (Round your answers to the nearest dollar.) 7200 hours 5143 hours O 4714 hours O 6,600 hours

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