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Cadbury Company uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $136,350 for the year, direct labor was estimated to total $151,500. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory (1/1) (12/31) $13,500 $ 9,300 $20,400 $ 23,000 $41,500 $ 30,900 The following transactions have occurred during the year. Raw materials purchases $111,000 Direct materials used $ 104,000 Direct labor $127,000 Indirect materials used $ 11,200 Indirect labor $ 16,200 Factory equipment depreciation $ 27,900 Factory rent $ 21,400 Factory utilities $ 9,500 Other factory costs $ 8,500 (a) Calculate the predetermined overhead rate. Predetermined Overhead Rate (b) Calculate cost of goods manufactured. Cost of Goods Manufactured (c) Calculate the over- or underapplied overhead (Input the amount as positive value.) Overhead (d) Calculate adjusted cost of goods sold. Adjusted Cost of Goods Sold