oblem 20-01A a, c, d1, b, d2, e-h (Part Level Submission) (Video) Idhorse Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in ocess. The costs incurred prior to January 1 on this job were as follows: direct materials $22,200, direct labor $13,320, and manufacturing overhead $17,760. As of nuary 1, Job 49 had been completed at a cost of $99,900 and was part of finished goods inventory. There was a $16,650 balance in the Raw Materials Inventory account the month of January, Wildhorse Company began production on Jobs 51 and 52, and completed Jobs s0 and 51. Jobs 49 and 50 were also sold on account during the month for $135,420 and $175,380, respectively. The following additional events occurred during the month. 1. Purchased additional raw materials of $99,900 on account. 2. Incurred factory labor costs of $77,700. of this amount $17,760 related to employer payroll taxes 3. Incurred manufacturing overhead costs as follows: Indirect materials $18,870; Indirect labor $22,200; depreciation expense on 4. Assigned direct materials and direct labor to jobs as follows materials $18,870; indirect labor $22,200; depreciation expense on equipment $13,320; and various other Direct Ma 50 51 $11,100 43,290 33,300 $5,550 27,750 22,200 (a) Your answer is correct. $777,000, and direct labor hours of 22,200 for the year 120 t is the balance in the Finished Goods Inventory account at the end of the mont shed Goods Inventory ick if you would like to show work for this question: Open Show work 104,340T Job No. 51 By accessing this Question Assistance, you will learn while you earn points based on Your answer is partially correct. Try again. What is the amount of over- or underapplied overhead? Manufacturing Overhead Im 12,210 TUnderapplied Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the P