Based on the following information, determine the manufacturing overhead applied and show our computation.

Terrapin Systems

Schedule of COGS Manufactured and Sold

For the Year Ended December 31, 2019

Beginning raw materials inventory $51,000

Purchases $47,000

Ending Raw materials inventory $15,000

Direct Labor Cost $91,000

Beginning work in process inventory $18,000

Ending work in process inventory $17,000

Cost of goods manufactured $240,000

Beginning finished goods inventory $43,000

Cost of goods available for sale $283,000

Ending finished goods inventory $63,000

Cost of goods sold $220,000