1 Problem 7-46 (Algo) Applying Overhead Using a Predetermined Rate (LO 7-3) Pepper Products uses a job costing system. The company applies manufacturing overhead using a predetermined rate based on direct materials. The following debits (credits) appeared in Work-in-Process for April ponts Balance April 1 For the month For the month For the month Direct saterlals Direct labor Manufacturing overheadi To finished goods 41,600 43,800 141,440 (220,000) eBook For the month Print Job 1947, the only job still in production at the end of April has been charged $5,600 in direct materials cost and $6,100 in direct labor cost References Required: What was the beginning balance in Work-in-Process? Beginning inventory