Red Fire Inc. produces fire trucks. The company uses a normal job-order costing system to calculate its cost of goods manufactured. The company's policy is to price its job at cost plus 30% markup. On January 1, 2020, there was only one job in process, with the following costs: Direct materials Direct labour Applied overhead Total Job 200 $14,400 18,000 27,000 $59,400 The following balances were taken from the company's general ledger as of January 1, 2020: Direct materials inventory Finished goods inventory (for Job 100) $45,100 85,300 During the year 2020, the following events occurred: Direct materials were purchased on account for $376,000 Two more jobs were started: Job 300 and Job 400. Direct materials and direct labour costs incurred by each job in process during the year 2020 were as follows: Job 200 Direct materials Direct labour $150,800 133,000 Job 300 $45,100 45,100 Job 400 $35,100 25,400 The company incurred the following actual factory overhead during the year: Factory rent Factory supplies Indirect labour $134,500 55,500 84,830 Jobs 100 and 200 were sold. Jobs 200 and 300 were completed. Calculate the total applied overhead for the year 2020. The factory overhead costs are applied to each job on the basis of direct labour dollars. Total overhead applied Prepare simple job cost sheets for jobs 200, 300, and 400 for the year ended December 31, 2020. Job No. 200 $