The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5: Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at exist60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. Refer to Figure 5-2. What the total cost assigned to Job XY5? a. exist5, 150 b. exist4, 400 c. exist4, 200 d. exist4, 950 As production occurs, materials, direct labor, and applied manufacturing overhead are recorded in a. materials. b. finished goods. c. work in process. d. cost of goods sold. In the Mains Company, the following Job cards were totaled at the end of the month: Jobs 243 and 244 were in Finished Goods Inventory at the beginning of the month. Jobs 245 and 246 were in Work-in-process at the beginning of the month. Jobs 247 and 248 were started during the month. At the end of the month, Jobs 243 and 247 were sent to customers: jobs 245, 247, and 248 were completed and sent to finished goods. Refer to Figure 5-6. What is the cost of goods sold for the month? a. exist10, 730 b. exist10, 850 c. exist12, 575 d. none of these