Cadbury Company uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $143,070 for the year; direct labor was estimated to total $150,600. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory (1/1) (12/31) $14,300 $ 8,900 $ 20,500 $ 23,300 $42,300 $ 31,700 The following transactions have occurred during the year. Raw materials purchases Direct materials used Direct labor Indirect materials used Indirect labor $107,000 $102,400 $127,400 $ 10,000 $ 17,500 Factory equipment depreciation $ 26,900 Factory rent Factory utilities Other factory costs $ 20,700 $ 7,800 $ 6,500 (a) Calculate the predetermined overhead rate. Predetermined Overhead Rate % (b) Calculate cost of goods manufactured. Cost of Goods Manufactured (c) Calculate the over- or underapplied overhead. (Input the amount as positive value.) Overhead (d) Calculate adjusted cost of goods sold. Adjusted Cost of Goods Sold