Meyers Corporation had the following inventory balances at the beginning and end of November: November 1...

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Meyers Corporation had the following inventory balances at the beginning and end of November: November 1 November 30 Raw Materials Finished Goods Work in Process $ 48,000 $ 24,000 $132,000 $ 25,000 $ 90,000 $ 30,000 During November, $102,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $9 per direct labor-hour, and it paid its direct labor workers $12 per hour. A total of 600 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $12,000 of direct materials cost. The Corporation incurred $72,000 of actual manufacturing overhead cost during the month and applied $66,000 in manufacturing overhead cost. The direct materials cost in the November 1 Work in Process inventory account totaled: $19,600 $7,200 $12,400 $17,800 Meyers Corporation had the following inventory balances at the beginning and end of November: November 1 November 30 Raw Materials Finished Goods Work in Process $ 48,000 $ 24,000 $132,000 $ 25,000 $ 90,000 $ 30,000 During November, $102,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $9 per direct labor-hour, and it paid its direct labor workers $12 per hour. A total of 600 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $12,000 of direct materials cost. The Corporation incurred $72,000 of actual manufacturing overhead cost during the month and applied $66,000 in manufacturing overhead cost. The direct materials cost in the November 1 Work in Process inventory account totaled: $19,600 $7,200 $12,400 $17,800