EX $3-27($Algo$)$ Job$-$Order Costing Basics $($LO $3-2,3-4,3-6)$

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Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following i

Type January $1$ January $31$

Finished goods $ $125,000$ $ $117,000$

Work in process $233,000251,000$

Raw material $134,000124,000$

The following additional data pertain to January operations.

Raw material purchased $ $191,000$

Direct labor $350,000$

Actual manufacturing overhead $170,000$

Actual selling and administrative expenses $115,000$

The company applies manufacturing overhead at the rate of $60$ percent of direct$-$labor cost. Any overapplied or underapplied ma

$1.$ Compute the company$$s prime cost for January.