Sawyer Manufacturing Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. Last year, the company worked 57,000 actual direct labour hours and incurred $345,000 of actual manufacturing overhead cost. The Company had estimated that it would work 55,000 direct labour hours during the year and incur $330,000 of manufacturing overhead cost. The company's manufacturing overhead cost for the year was: Multiple Choice Meyers Company had the following inventory balances at the beginning and end of November Raw Materials Finished Goods Work in Process November 1 $17,000 $50,0001 $9,000 November 30 $20,000 $44,000 $11,000 6