The following data from the just completed year are taken from the accounting records of Mason Company: Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs 652,000 85,000 138,000 103,000 49,000 203,000 224,000 Inventories Raw materials Work in process Pinished goods Beginning 8,600 5,900 75,000 Ending 10,900 20,300 25,500