D Question 8 Rock Industries allocates manufacturing overhead based on direct labor cost. Any overallocated or underallocated overhead is closed monthly. The annual budget shows Direct Labor Costs and Overhead Costs of $252,000 and $403,200, respectively. Each monthly budget is 1/12th of the annual budget. There is no Work-in-Process at the end of October. Three jobs were started in November. Direct materials that were used in November total $26,000 and direct labor costs in November were $21,000. For the month of November, the actual manufacturing overhead was $34,200. The one job still in process on the last day of November included $600 for direct materials and $1,500 for direct labor. Calculate the cost of goods manufactured for November before proration of over or under allocated overhead. $73,700 $76.100 $80.600 $68,900