Question 12 2 pts Overhead is allocated based on direct labor cost, and the rate was 1.5. Allocated overhead for the year was $210,000. Overhead was overallocated by $5,000. If the company prorated in the most theoretically correct method, $500 would have been prorated to Work in Process at the end of the year. Compute the amount of direct labor cost that was in the ending Work in Process Inventory for the year. Do not put a dollar sign in your