Multiple Choice Question 106 During 2017, Waterway Industries expected Job No. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. Waterway applied overhead based on direct labor cost. Actual production required an overhead cost of $290000, $470000 in materials used, and $190000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? $950000 $960000 $945000 $1000000 Multiple Choice Question 111 Crane Company developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $140000 44000 188000 116000 164000 420000 Crane Company's direct labor cost for the year is $260000 O $116000 O $164000. O $72000