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 $127,670 for the year; direct labor was estimated to total $150,200. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory (1/1) (12/31) $14,500 $9,700 $20,500 $ 23,600 $41,200 $30,500 The following transactions have occurred during the year. $113,000 Raw materials purchases. Direct materials used Direct labor $106,200 $125,400 $ 11,600 Indirect materials used. Indirect labor $ 17,400 $ 26,500 Factory equipment depreciation Factory rent $ 21,600 Factory utilities. $ 8,800 Other factory costs $ 7,700 (a) Calculate the predetermined overhead rate. % Predetermined Overhead Rate Saved (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