Use the following information to answer the next 3 questions Kite Corp. manufactures custom cabinets and uses a job-order costing system. The company had two jobs in process at the beginning of October: Job No. 64 with a total beginning cost of $56,700 and Job No. 65 with a total beginning cost of $83,300. The company applies manufacturing overhead on the basis of machine hours. Budgeted overhead and machine activity for the year were anticipated to be $3,021,000 and 57,000 machine hours. The company worked on four jobs during the month of October. Direct materials, direct labor incurred, and machine hours consumed were as follows: Job No. Direct Material Direct Labor Machine Hours 64 $21,000 $35,000 1,500 65 $22,000 900 66 $44,000 $65,000 2,000 67 $15,000 $ 8,800 200 Indirect production costs incurred during October included charges for depreciation ($34,000), indirect labor ($68,000), indirect materials ($5,000), and other factory costs ($139,100). Kite Corp. completed Job No. 64 and Job No. 66 during October. Job 64 was sold on October 22nd. 4. (3 points) What is the cost of goods manufactured for the month of October? a. $350,500 b. $221,700 c. $345,200 d. $350,800 e. $407,200 f. $192,200 g. $408,950 h. None of the above 5. (3 points) What is the balance in work in process at the end of October? a. $104,100 b. $129,100 c. $249,400 d. $187,400 e. $153,000 f. $130,200 g. $402,400 h. None of the above head variance for the r