1. Compute applied overhead and determine the amount of underapplied or overapplied overhead: Actual manufacturing overhead cost A1 Is Stanford Enterprises uses job-order costing. \begin{tabular}{|l|c|c|} \hline & A & B \\ \hline 41 & Total manufacturing costs \\ 42 & Add: Beginning work in process inventory \end{tabular} 43 Total cost of work in process 44 Deduct: Ending work in process inventory 45 Cost of goods manufactured 3. Prepare a schedule of cost of goods sold. Stanford Enterprises Schedule of Cost of Goods Sold Finished goods inventory, beginning 53 Add: Cost of goods manufactured 54 Cost of goods available for sale 55 Deduct: Finished goods inventory, ending 56 Unadjusted cost of goods sold 57. Underapplied (overapplied) overhead 58 Adjusted cost of goods sold 59606162