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 $51,100 and its total manufacturing overhead cost to be $91,980. 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. Prepare a brief income statement for the company. 5. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing values in the T-accounts. Raw Materials Inventory Debit Credit Beginning Balance 14,800 Purchases 04,200 Ending Balance 28,000 Debit Beginning Balance Cost of Goods Completed Ending Balance Finished Goods Inventey 40,500 48,300 Debit Beginning Balance Direct Materials Direct Labor Applied Overhead Ending Balance Work in Process Inventory 29,100 68,900 40,300 18,800 Credit Cost of Goods Sold Credit Debit Credit Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Check my work d M Ending Balance Debit 46,JUV Sales Revenue Manufacturing Overhead Credit Debit 315,000 Indirect Materials 11,500 Indirect Labor 13,900 Factory Depreciation 11.200 Factory Rent 5.100 Factory Utilities 1,200 Other Factory Costs 9,000 Actual Overhead 51,900 Selling, General, and Administrat+ Expenses Debit Administrative Salaries Office Depreciation Advertising Ending Balance 27.200 18,800 13,600 59,600 Credit Required 1 Required Credit Applied Overhead S DOBSON MANUFACTURING COMPANY Cost of Goods Manufactured and Sold Report Direct Materials Used in Production Total Current Manufacturing Costs Total Work in Process Cost of Goods Manufactured Cost of Goods Available for Sale Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a brief income statement for the company. DOBSON MANUFACTURING COMPANY Income Statement Net Income from Operations < Required 4 Required 5