(Cost Acc Spring 2021) 27. ABC company is merchandising company. its last month cost of goods sold was Rs6,000. The company's beginning merchandise inventory was Rs 2,000 and its ending merchandise inventory was Rs 1,000. What was the total amount of the company's merchandise purchases for the month? (1 Point) Rs 6000 Rs 5,000 Rs 5,500 28. ABC firm uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,400 hours and the total estimated manufacturing overhead was $355,680. At the end of the year, actual direct labor-hours for the year were 15,200 hours and the actual manufacturing overhead for the year was $350,680. Overhead at the end of the year was: (1 Point) $24,760 overapplied $19,760 overapplied $24,760 underapplied O $19,760 underapplied