Using the following accounts and a predetermined overhead rate of 150% of direct labor cost, compute the amount of applied overhead. Work in Process Inventory Debit Credit Beginning Direct materials Direct labor 35,000 55,200 ? Overhead applied 2 Cost of goods manufacturing Ending 25,000 Finished Goods Inventory Debit Credit Beginning Cost of goods manufacturing 5,000 203,300 Multiple Choice $82,860. $82,800 203,300