4 10 points Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used a production (not on the basis of raw materiels purchased). Its predetermined overhead rate was based on a cost formule that estimated $138,000 of manufacturing overhead for an estimated allocation base of $92.000 direct material dollars to be used in production. The company has provided the following data for the just completed year Purchase of raaterials Direct labor cost Manufacturing overhead costs Indirect labor taxes Depreciation of equipment Rent, building $130,000 $135,000 $1,300 $18,000 $14,000 $8,100 Segimine Ending Raw Materials $23,000 $14,000 Work in Process Finished Goods 45,000 $60,000 137,000 $10,000 Required: 1. Compute the predetermined overhead rate for the year 2. Compute the amount of underapplied or overappled overhead for the year 3. Prepare a schedule of cost of goods manufactured for the year Assume all raw materials are used in production es direct meterials 4. Compute the unadjusted cost of goods sold for the year Do not include any underapplied or overapplied overhead in your answer 5. Assume that the $37.000 ending balance in Work in Process includes $8.300 of direct materials. Given this assumption, supply the information missing below Return t