Required information The following information applies to the questions displayed below. The following selected information was extracted from the 20x1 accounting records of Lone Oak Products $ 177,80e 256,000 188,000 133,e80 80,880 195,000 343,000 1,495,e80 Raw Direct labor Indirect labor Selling and administrative salaries l purchases ing depreciation Other selling and administrative expenses Other factory costs Sales revenue ($130 per unit) Seventy-five percent of the company's building was devoted to production activities; the remaining 25 percent was used for selling and administrative functions. Inventory data: 16,080 $18,28 35,0 62,108 113,1 97,989 rial Work in process Finished goods The January 1 and December 31 finished-goods inventory consisted of 1,350 units and 1,190 units, respectively 1. Calculate Lone Oak's manufacturing overhead for the year