Required information The following information applles to the questions displayed beiove] Bunnell Corporation is a manufacturer that uses job-order costing. On January the compary/s muectory balances ware. as follows: The company applies overhead cost to jobs on the basis of direct iabochours For the curreit yeac the companys gredetermined overhead rate of $1175 per direct labor-hour was based on a cost formula that estimated 5470000 of tatal manufacturing overhead for an estimated activity levet of 40,000 direct labor bourt. The following frangetions were recorded for the year: a. Raw materials were purchased on account $592.000 b. Row materials used in production, $557,000. All of of the raw materias were used as elrect mactiass: c. The following costs were accrued for employee services: direct labor, 5420,000 , ndirect laboc 5950,000 ; seling and administrative salaries, $295.000. d. Incurred various selling and administrative expenses feg, advertising. sales trovel costs, asd foinhed gaods warehousinp), 5381,000 e. Incurred various manufacturing overhead costs (e g. depreciation, insurance, and in ises, $320,000. t. Manufacturing overhead cost was appled to production. The company actualy worked 41000 direet laberihours on all jobs during the year. 9. Jobs costing $1,399,450 to manufacture accoeding to their job cost sheets were completed during the yeac h. jobs were sold on account to customees during the year for a total of 52.925.000. The jobs cost 51,409,450 to manufacture according to their job cost sheets. 10. What is the cost of goods avalable for sale during the year