Tango Company is a manufacturer that uses a job-order-costing system. Tango purchases 100% of its raw materials on account from vendor Valor Company and the company disposes of any over/under applied overhead using the method covered in class. 75% of the company's building square footage relates to manufacturing activities while 25% is used for non- factory purposes. Tango provides the following account balances from the company's official financial statements: 12/31/2019 12/31/2020 Raw Materials $15,800 $18,200 Work In Process $35,700 $62,100 Finished Goods $111,100 $97,900 Accounts Payable- Valor $4,600 $3,800 Additionally, the company provides the following information regarding 2020 activity: Raw Material Purchases Direct Labor Selling & Administrative Expenses Building Depreciation Other Indirect Factory Cost* January 1- December 31, 2020 Budgeted Actual $180,000 $175,000 $260,000 $254,000 $345,000 $328,000 $80,000 $80,000 $460,000 $453,000 Machine Hours Direct Labor Hours 20,800 6,500 21,200 6,615 *items included in the "other indirect factory cost" category are unrelated to the building. Assume for purposes of this question that Tango applies overhead using direct labor dollars as the cost driver. At the end of 2020 Tango had only a single factory job in process (job 286) which was started during 2020. Job #286 has been assigned a total of $12,000 of direct materials. True or False job 286 would have $33,400 of direct labor included on its job cost record at the end of 2020