Week 4 - Chapter 4 Quiz i Saved Help Save & Exit Submit 2 Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 120% of direct labor cost. Selected data concerning the past year's operation of the company are presented below. January 1 December 31 01:39:54 Direct materials $ 93, 000 $ 56,000 Work in process 82, 000 58 , 000 Finished goods 131, 000 116, 000 Other information Direct materials purchases $ 340, 000 Cost of goods available for sale 982, 000 Actual factory overhead costs 276, 000 The cost of goods manufactured during the year is: Multiple Choice