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 $56,700 and Its total manufacturing overhead cost to be $85,050. Several incompleto general ledger accounts show the transactions that occurred during the most recent accounting period which is glven in second equiremen Required: 1. Calculate th predeter ned overlod rate. 2. Fill in the missing vall in the T-accounts. 3. Computever- or underapplied verhead. 4. Prepare a statement of cost of pods manufactured and sold including the adjustment for over- or underapplied overhead, 5. Prepare a brief income statement for the company. corta this stranontering your answers in the tabs below. Required 1 equired Required 3 Required 4 Required 5 Calculate the predetermined overhead rate. % of Direct Labor Cost Regids Required 2 > in the missing waves in the accounts 29,400 68,500 Bopinie Purchard Endron 14,700 94.000 20.300 Beginning Balance Direct Material Direct Labor Applied Overhead Ending Balance $ 40,100 19.200 Code 40100 Onning Cost of Good Ending Uraduated Cost of Goods Sold Add Cost of Goods Sold 48,700 311.000 Applied Overhead Indirect Materials Indied Labor Factory Depreciation Factory Rent Factory Other Factory Coats Act Overhead 11,000 14.400 11,300 6.300 2,200 9,100 54200 has Check my Ending Balance 48,700 311,000 Applied Overhead Indirect Materials Indirect Labor Factory Depreciation Factory Rent Factory Units Other Factory Coets Actual Overhead 11,900 14.400 11.300 6,300 2.200 9,100 54,200 Adm. Si Office Dec 00 1.000 700 51200 Ending the Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Required 5 Compute over or underapplied overhead. Macturing whead (Required 2 Required 4 > 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 Uradjusted Cost of Goods Sold Adjusted Cost of Goods Sold Required 3 Required 5 > 5. Prepare a brief income statement for the company. Complete this question by entering your answers in the tabs below. Reruled Required 2 Required 3 Required 4 Required 5 Prepare brief income statement for the company, DOBSON MANUFACTURING COMPANY Income Statement Net Income from Operations