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1. A review of the records of Pilgrim, Inc.,a new company,diseloed the followin year-end information Manufacturing Overhead account: Contained debits of $872.000, which included $20,000

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1. A review of the records of Pilgrim, Inc.,a new company,diseloed the followin year-end information Manufacturing Overhead account: Contained debits of $872.000, which included $20,000 of sales commissions e Work-in-Process Inventory account: Contained charges for overhead of S875,000 Cost-of-Goods-Sold account: Contained a year-end debit balance of $3.680.000. This amount was computed prior to any year-end adjustment for under- or overapplied overhead Pilgrim applies manufacturing overhead to production by using a predetermined rate of $20 per machine hour. Budgeted overhead for the period was anticipated to be $900.000. Required: A. Determine the actual manufacturing overhead for the year. B. Determine the amount of manufacturing overhead applied to production. C. Is overhead under- or overapplied? By how much? D. Compute the adjusted cost-of-goods-sold figure that should be disclosed on the company's income statemer E. How many machine hours did Pilgrim actually work during the year? F. Compute budgeted machine hours for the year. Kei Products uses a nredetermined overhead application rate of$18 per labor hour. A review of the

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