Using the following accounts and an overhead rate of 70% of direct labor cost, determine the amount of applied overhead.

Work in Process Inventory
Beginning WIP	23,900
Direct Materials	71,700
Direct Labor	?
Applied Overhead	?
To Finished Goods			?
Ending WIP	49,080

Finished Goods Inventory
Beginning FG	6,600
	163,820
Ending FG

Multiple Choice

• $48,300.

• $117,300.

• $46,520.

• $69,000.

• $56,235.