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. April 1 For the month For the month For the month For the month Balance Direct materials Direct labor Manufacturing overhead To finished goods ??? $ 40,800 43,400 130,560 (208,000) Job 1947, the only job still in production at the end of April has been charged $5,400 in direct materials cost and $5,900 in direct labor cost. Required: What was the beginning balance in Work-in-Process? & Answer is complete but not entirely correct. Beginning inventory $ 15,816 X