Lowden Company uses job order costing and applies overhead to each job at the rate of 163% of direct materials cost. During the current period, direct labor cost is $64,000 and direct materials cost is $76,000. How much overhead cost should Lowden Company apply in the current period? Multiple Choice a) $123,880. b) $39,264. c) $46,626. d) $76,000. e) $64,000.