Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $7,800 of indirect materials and $11,100 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form:

Job 301

Direct materials $10,700

Direct labor 7,200

Factory overhead 6,192

Total$24,092

Job 302

Direct materials $18,400

Direct labor 16,400

Factory overhead 14,104

Total $48,904

Job 303

Direct materials $25,900

Direct labor 19,500

Factory overhead

Job 304

Direct materials $15,900

Direct labor10,100

Factory overhead

Required:

c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost).