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U Question 22 6 pts During the year only one job, Job # 265 was started and completed. $50,700 of direct materials were requisitioned for

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U Question 22 6 pts During the year only one job, Job # 265 was started and completed. $50,700 of direct materials were requisitioned for Job #265 and $35,500 of direct labor cost was incurred on Job #265. The manufacturing overhead cost driver is based on direct labor costs. Estimated overhead costs for the year were $46,800. Estimated direct labor costs for the year were $36,000. Total actual manufacturing overhead costs amounted to $41,300 at year-end. Applied manufacturing overhead totaled? $60,840 O $41.300 $4,850 O $46,150 by $6,600 for the year. Actual overhead incurred was $105.400. Other balances are: Raw materials inventory at end of year $14,500 Work in process inventory at end of year $31,000 Finished goods inventory at end of year $42,100 Unadjusted cost of goods sold for the year $290,200 Adjusted cost of goods sold at year-end will be: O $254.700. $296,800 $283.600 O $226,900. Stanley Company uses a job cost system. Manufacturing overhead has been over-applied by $6,600 for the year. Actual overhead incurred was $105,400. Other balances are: Raw materials inventory at end of year $14,500 Work in process inventory at end of year $31,000 Finished goods inventory at end of year $42,100 Unadjusted cost of goods sold for the year $290,200 Adjusted cost of goods sold at year-end will be: $254,700 $296,800. $283,600, $226,900

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