Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year: Beginning inventories: $ 30,000 Finished goods Estimated total manufacturing overhead at the beginning of the year $568,000 32,000 direct labor- hours Estimated direct labor-hours at the beginning of the year Results of operations Raw materials (all direct) requisitioned for use in production $501,000 Direct labor cost Actual direct labor-hours Manufacturing overhead: $ 683,000 33,000 direct labor-hours $ 176, 000 $ 420,000 Indirect labor cost Other manufacturing overhead costs incurred Selling and administrative: Selling and administrative salaries Other selling and administrative expenses $ 219,000 $ 346,000