atano Products operates a job order item and applies overed cost to jobs on the net direct mais used in production (not the water predetermined overhead rate was based on a cost formula that estimated $100,000 of manufacturing overhed for an esimsed section of dental ellers to be used in production. The company has provided the following data for the incompleted year Purchase of raw materials 3510,000 Direct labor cost $10.000 Manufacturing overhead cost Indirect labor $170,000 Property taxes 548,00 Depreciation of equipment $260,000 Maintenance $95.000 Insurance $7.000 Rent, building $180 000 Beginning Ending Raw Materials $20,000 SRO,000 Work in Process $150,000 $70,000 Finished Goods $260.000 $400,000 1 a. Completed the predetermined overhead rate for the year. b. compute the amount of underapplied or overapplied overhead for the year. 2. Prepare a schedule of cost of goods manufactured for the year Assume all raw materials are used in production as direct materih 3. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your cost of goods sold fire) What options are available for disposing of underapplied or overapplied overhead? 4. Job 215 was started and completed during the year. What price would have been changed to the customer if the job required $8.500 in direct materials and 52,700 in direct labor cost and the company priced its jobs at 25% above the job's cost according to the accounting system? 5. Direct materiald made up $24,000 of the $70,000 ending work in process inventary balance. Supply the informaton missing below Direct materials $24,000 Direct labor Manufacturing overhead Work in process inventory $70,000