Cost of Goods Manufactured and Income Statement with Predetermined Overhead and Labor Cost Classifications Assume information pertaining to Bauer Hockey for April of the current year follows. $745,500 Sales. ... Purchases Raw materials.. Manufacturing supplies. Office supplies 225,000 12,000 2,200 continued continued from previous page Salaries (including fringe benefits) Administrative.... Production supervisors Sales.... Depreciation Plant and machinery..... Office and office equipment 102,600 24,500 105,000 24,000 8.000 Utilities Plant Office. 15,000 6,000 Inventories Raw materials. Manufacturing supplies Office supplies.. Work-in-process Finished goods. April1 April 30 $50,350 $52,500 6,200 7,400 1.800 1,500 38,500 40.200 90,000 88,000 Additional information follows: Manufacturing overhead is applied to products at 125% of direct labor dollars. Employee base wages are $15 per hour. . Employee fringe benefits amount to 20% of the base wage rate. They are classified as manufacturing overhead. . During April, production employees worked 6,500 hours, including 5.200 regular hours and 400 overtime hours spent working on products. There were 900 indirect labor hours. . Employees are paid a 50% overtime premium. Any overtime premium is treated as manufacturing overhead. Required a. Prepare a statement of cost of goods manufactured and an income statement for April b. Determine underapplied or overapplied overhead for April. c. Recompute direct labor and actual manufacturing overhead assuming employee fringe benefits for direct labor hours are classified as direct labor