Using the following accounts and a predetermined overhead rate of 80% of direct labor cost, determine the amount of applied overhead. ? Work in Process Inventory Beginning WIP 18,300 Direct materials 54,900 Direct labor ? Applied overhead ? To finished goods Ending WIP 37,540 Finished Goods Inventory Beginning FG 5,300 192,260 Ending FG Multiple Choice $87,000. $40,667 $156,600. $35,660 $69,600