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Amy Co. has utilized that job order costing approach. The allocation base for overhead is direct labor hours. Data for the year just ended are

Amy Co. has utilized that job order costing approach. The allocation base for overhead is direct labor hours. Data for the year just ended are as follows:
Estimated total manufacturing overhead cost $235,000.00
Estimated total direct labor hours 15000
Actual total direct labor hours 22760
Actual costs for the year:
Purchase of raw materials (all direct) $355,000.00
Direct labor cost $436,500.00
Manufacturing overhead costs $298,750.00
Inventories Beginning Ending
Raw materials (all direct) 14500 12000
Work in process 24500 21000
Finished Goods 33500 25300
Use the data to answer the following:
1. Compute applied overhead and determine the amount of underapplied or overapplied overhead
2. a schedule of cost of goods manufactured
3. a schedule of cost of goods sold.

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