During the year ended 30 June 2016, Beautiful Bottles Pty Ltd incurred the following costs:

Direct labour Direct materials Factory overhead

$326 400 445 250 913 920

The company charges factory overhead costs to work in process inventory and finished goods inventory, using an overhead application rate based on direct labour costs.

Required

A. Determine the company’s overhead application rate.

B. If the company’s ending finished goods inventory of $64 210 included $9300 of direct materials costs, determine the inventory’s labour and overhead costs.