Company A has the following data:

Prime costs are 180% of direct materials costs. DM costs for year 20xx are $ 100,000. The company had estimated the overhead costs to be $400,000 and the estimated DL costs were $100,000. The company uses DL cost to allocate overhead costs to products.The actual overhead costs for the year 20xx are $360,000.

Assume that there are no beginning inventories. The ending WIP for 20xx was valued at $ 50,000.Assume that all the finished goods available were sold.

1. What is the OH rate?

1. What are the total applied OH costs?

1. Calculate the COGM.

1. Calculate the under/over - applied OH costs

1. Assuming all the under/over - applied OH costs are adjusted to COGS, calculate the adjusted COGS.