Required Information [The following information applles to the questions displayed below.] Bunnell Corporation Is a manufacturer that uses job-order costing. On January 1, the company's Inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materlals were purchased on account, $690,000. b. Raw materlals used in production, $641,800. All of of the raw materlals were used as direct materlals. c. The following costs were accrued for employee services: direct labor, $530,000; Indirect labor, $150,000; selling and administrative salarles, $308,000. d. Incurred varlous selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $457,000. e. Incurred varlous manufacturing overhead costs (e.g., depreciation, Insurance, and utilities), $430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all Jobs during the year. g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1,713,300 to manufacture according to their job cost sheets. 7. What is the ending balance in Work In Process? Required Information [The following information applies to the questions displayed below.] Bunnell Corporation Is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materlals were purchased on account, $690,000. b. Raw materlals used in production, $641,800. All of of the raw materlals were used as direct materlals. c. The following costs were accrued for employee services: direct labor, $530,000; Indirect labor, $150,000; selling and administrative salarles, $308,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $457,000. e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), \$430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all Jobs during the year. g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1,713,300 to manufacture according to their job cost sheets. 8. What is the total amount of actual manufacturing overhead cost Incurred during the year