Question 8 (1 point) Job # 302 303 Completed $ $ $ $ Direct Material 58,400 $ 69,000 $ 67,600 $ 84,200 $ Direct Labor 42,300 32,800 50,400 52,700 304 Sold 305 Overhead Depreciation $ 6,400 Indirect Labor $ 42,000 Rentals paid in cash $ 37,300 Prepaid insurance $ 7,100 Apply Overhead to jobs at the predetermined rate of 31% of direct labor costs - assume absorption costing. What is the Work in Progress (WIP) Inventory at the end of the month? Your