26.700 11 Raw Materials inventory 14.900 34.400 29.000 Beginning Balance Purchases Ending Bwance 2,100 Beginning Balance Direct Materials Direct Labor Applied Overhead Ending Balance 5 40.000 18.800 Cost of Goods Sold Finished Goods inventory 41,100 Beginning Balance Cost of Goods Completed Ending Balance Unadjusted Coat of Goods Sold Adjusted Coat of Goods Sold 49,000 Sales Revenue 314,000 Manufacturing Overhead 10.00 13,500 Ached Overhead Indirect Materials Indirect Labor Factory Depreciation Factory Rent Factory Other Factory Costa Ach hond 12.000 6,800 2.900 2.300 36,400 Selling, General, and Administrative Expenses Adm. Salaries 27.100 Office Depreciation 19.500 Advertising 13,800 Ending Balance 60,400 GEW Will A 00 11 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 $52.800 and its total manufacturing overhead cost to be $105,600. Several incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in second requirement Required: 1. Calculate the predetermined overhead rate. 2. Fill in the missing values in the T-accounts. 3. Compute over or underapplied overhead, 4. Prepare a statement of cost of goods manufactured and sold including the adjustment for over or underapplied overhead 5. Prepare a brief income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Required 4 Required Fill in the missing values in the T-accounts Beginning Balance Purchases Ending Balance Raw Materials Inventory 14,900 94400 20,000 Beginning Balance Direct Materie Direct Labor Apold Overhead Ending Balance Work in Process Inventory 28,700 60,00 40.000 18.800 Coat of Good Bob Finished Goods Inventory 41,100 Unadjusted Coat of Goods Sold Adjusted Cost of Goods Sold Beginning Balance Cost of Goods Completed Ending Balance 49,500 ME GE A