Required informetion [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 using direct labor hours. For this year, the company's predetermined overhead rate of $1175 per direct labor hour was based on a cost formula that estimated $470,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded this year: a. Raw materials were purchased on account, $592,000 b. Raw materials used in production, $57,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services direct labor, $420,000; indirect labor, $150,000, selling and administrative salaries, $295,000 d. Incurred various selling and administrative expenses (e.g. advertising. sales travel costs, and finished goods warehousing). $381,000. e. Incurred various manufacturing overhedd costs (e g, depreciation, insurance, and utilities), $320,000. t 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 $1,399,450 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 $2,925,000. The jobs cost $1,409,450 to manufacture according to their job cost sheets. 10. What is the cost of goods available for sale for this year