1. Compute over-or underapplied overhead. manufacturing overhead:

2. Prepare a stattement cost of goofs manufactured and sold including the qdjustment for over-or underapplied overhead.

3. Prepare a brief income statement for the company.

Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $65,000 and its total manufacturing overhead cost to be $91,000. Several incomplete general ledger accounts show the transoctions that occurred during the most recent accounting period which is given in second requirement. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ DOBSON MANUFACTURING COMPANY } \\ \hline Cost Goods Manufactured and Sold Report \\ \hline Direct Materials Used in Production \\ \hline & \\ \hline Total Current Manufacturing Costs \\ \hline & \\ \hline Total Work in Process \\ \hline \end{tabular} 5. Prepare a brief income statement for the company. Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $65,000 and its total manufacturing overhead cost to be $91,000. Several incomplete general ledger accounts show the transoctions that occurred during the most recent accounting period which is given in second requirement. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ DOBSON MANUFACTURING COMPANY } \\ \hline Cost Goods Manufactured and Sold Report \\ \hline Direct Materials Used in Production \\ \hline & \\ \hline Total Current Manufacturing Costs \\ \hline & \\ \hline Total Work in Process \\ \hline \end{tabular} 5. Prepare a brief income statement for the company