Check my Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $53,600 and its total manufacturing overhead cost to be $96,480. Several Incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in second requirement. Required: 1. Calculate the predetermined overhead rate. 2. Fill in the missing values in the T-accounts. 3. Compute over- or underapplied overhead. 4. Prepare a statement of cost of goods manufactured and sold including the adjustment for over- or underapplied overhead. 5. Prepare a brief Income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Fill in the missing values in the T-accounts. Raw Materials Inventory 13,500 Work in Process Inventory 29 200 Beginning Balance Purchases Ending Balance 69,800 93,600 29,200 Beginning Balance Direct Materials Direct Labor Applied Overhead 41 300 ere to search O 1 B 00 C 17 TOID Flo AQUA Raw Materials Inventory 13 500 Beginning Balance Beginning Balance Purchases Ending Balance Work in Process Inventory 29,200 69,800 93,800 Direct Materials 29,200 Direct Labor 41.800 Applied Overhead Ending Balance 10,100 Cost of Goods Sold Finished Goods Inventory 40.800 + Beginning Balance Cost of Goods Completed Ending Balance Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold 48 200 Sales Revenue 306.000 Applied Overhead Indirect Materials Indirect Labor Factory Depreciation Factory Rent Factory Ullbes Other Factory Costs Actual Overhead Manufacturing Overhead 8.100 14.000 11 600 5.900 2,800 9 100 51500 Selling, General, and Administrative Expenses Prav Next Sales Revenue 306,000 Applied Overhead Indirect Materials Indirect labor Factory Depreciation Factory Rent Factory Utilties Other Factory Costs Actual Overhead Manufacturing Overhead 8,100 14,000 11 600 5.900 2,800 9,100 51,500 Selling, General, and Administrative Expenses Adm Salaries 27,200 Office Depreciation 19,200 Advertising 13,300 Ending Balance 50.700