Under pick co.'s job order costing system, manufacturing overhead is applied to work-in-process using a predetermined annual overhead rate. during january, pick's transactions included the following: direct materials issued to production $ 120,000 indirect materials issued to production 11,000 manufacturing overhead incurred 170,000 manufacturing overhead applied 158,000 direct labor costs 144,500 pick had neither beginning nor ending inventory in work-in-process inventory. what was the cost of jobs completed in january? (cpa adapted)