Saved Help Save & E The Work in Process Inventory account of a manufacturing company has a $4,200 debit balance. The company applies overhead using direct labor cost. The cost sheet of the only job still in process shows direct material cost of $2,000 and direct labor cost of $700. Therefore, the amount of applied overhead is: Multiple Choice $2,200 O $2700. O $1500 O $700 O $3.500 so