Question 2 (24 pts) The Leininger Company uses a normal job order costing system. The operating data for October 2020 are summarized below in which wage rate was $25 per hour and factory overhead was applied at the rate of $15 per direct labor hour. Beginning Inventories: Materials (both direct and indirect) Work in Process (Job #101) Finished Goods (Job #100) $27,000 18,000 14,000 $59,000 Materials Purchased $30,000 Materials Requisitioned for Production: Direct Materials: Job #101 Job #102 Job #103 Indirect Materials $ 7,000 9,000 10,000 $26.000 $12,000 Factory Labor Costs: Direct Labor Job #101 Job #102 Job #103 $ 8,000 12,000 4,000 $24,000 $ 9,000 Indirect Labor Other Operating costs Incurred: Other manufacturing overhead Selling and Administrative Expenses $ 1,400 13,000 $14,400 Jobs #101 and #102 were completed during October. Jobs #100 and #101 were sold. c) What is the value of Cost of Goods Sold (COGS) by adjusting manufacturing overhead directly against COGS