Sheridan Inc. produces fire trucks. The company uses a normal job-order costing system to calculate its cost of goods manufactured. The company's policy is to price its job at cost plus 30% markup. On January 1, 2022, there was only one job in process, with the following costs: The following balances were taken from the company's general ledger as at January 1, 2022: Calculate the total applied overhead for the year 2022. The factory overhead costs are applied to each job on the basis of direct labour dollars. During the year 2022, the following events occurred: Direct materials were purchased on account for $377,000 Two more jobs were started: Job 300 and Job 400. Direct materials and direct labour costs incurred by each job in process during the year 2022 were as follows: The company incurred the following actual factory overhead during the year: Jobs 200 and 300 were completed. Jobs 100 and 200 were sold