Week 4 - Chapter 4 Quiz i Saved Help Save & Exit Sub 6 Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 125% of direct labor cost. Selected data concerning the past year's operation of the company are presented below. January 1 December 31 01:26:48 Direct materials $ 79, 000 $ 42, 000 Work in process 68, 000 44, 000 Finished goods 117, 000 102, 000 Other information Direct materials purchases $ 326, 000 Cost of goods available for sale 954, 060 Actual factory overhead costs 262, 000 The cost of goods sold (before adjustment for under or overapplied overhead) is: Multiple Choice O $852,000