Bonita Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each teams uniform is unique in color and design, Bonita uses a job order costing system. On January 1, the T-accounts for some of Bonitas primary balance sheet accounts were as follows:

Raw Materials Inventory								Work in Process Inventory
1/1		59,900						1/1		26,000

Finished Goods								Cash
1/1		34,600						1/1		37,200

Accounts Receivable								Accounts Payable
1/1		47,300										1/1		41,900

During the year, the following events occurred:

1.	Bonita purchased raw materials costing $117,000 on account.
2.	Bonita used $149,300 of raw materials in production. Of these, 80% were classified as direct materials and 20% as indirect materials. (Bonita maintains a single Raw Materials Inventory account.)
3.	Bonita used 32,000 hours of direct labor. The companys average direct labor rate was $12 per hour (credit Wages Payable).
4.	The companys indirect labor cost was $168,000 (credit Wages Payable).
5.	Other manufacturing overhead costs the company incurred on account totaled $94,400.
6.	Bonita applied $316,800 in manufacturing overhead.
7.	The company completed production of goods costing $837,100.
8.	The companys Cost of Goods Sold balance was $842,200 before adjusting for over- or underapplied overhead.
9.	Sales revenue was $1,060,000 (all sales were made on account).
10.	Bonita collected $803,200 from customers.
11.	The company paid accounts payable of $201,300.
12.	At year-end, all wages earned during the year had been paid.

(a)	Calculate under- or overapplied overhead for the year.
	Overhead select an option UnderappliedOverapplied by $enter the manufacturing overhead in dollars

(b)

Assuming that Bonita closes under- or overapplied overhead to Cost of Goods Sold, calculate the cost of goods sold for the year.

Adjusted cost of goods sold

$enter the adjusted cost of goods sold in dollars

(c)

Assuming that Bonita prorates under- or overapplied overhead to the appropriate accounts, calculate the adjusted Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold balances for the year. (Round % of total to 3 decimal places, e.g. 1.235, allocation and final answers to 0 decimal places, e.g. 52.)

		Adjusted Balance
Work In Process		$enter the adjusted balance of work in process in dollars
Finished Goods		$enter the adjusted balance of finished goods in dollars
Cost of Goods Sold		$enter the adjusted balance of cost of goods sold in dollars