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The TLX - 7 4 5 2 6 company operates a job - order costing system and applies overhead cost to jobs on the basis

The TLX-74526 company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined overhead rate was based on a cost formula that estimated $150,000 of manufacturing overhead and an estimated allocation base of $100,000 in direct labor cost. The company has provided the following data:
\table[[,Beginning,Ending],[Raw Materials Inventory (all direct),$25,000,$13,000
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