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Any help would be appreciated. Thank you! Petters Inc. uses labor hours to assign overhead cost. The following data are for the month of November:

Any help would be appreciated. Thank you!

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Petters Inc. uses labor hours to assign overhead cost. The following data are for the month of November: Expected manufacturing overhead $500,000 Overhead assignment base labor hours Expected labor hours 10,000 Manufacturing overhead incurred $620,000 Actual labor hours 11,000 The ending balances (before adjusting for the overhead variance) are as follows: Cost of goods sold $200,000 Finished goods $200,000 Work-in-process $100,000 uired: A. Compute the predetermined manufacturing overhead rate for the month of November. B. Compute the under- or over applied manufacturing overhead (overhead variance) for Petters Inc. in the month of November. C. If underapplied or overapplied overhead is material and is allocated to Work in Process, Finished Goods, and Cost of Goods Sold (based on ending account balances), what is the balance of nished good after adjustment

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