formula that extimated S126.000 of manefacturing onethead for an estimated allocatiog bere of \$84,000 direct lahos dollark. Tho company las provided the following data in the form of an Excel workhee: Required: 1. a. Compute the predetermined overhead rate for the year. b. Compute the amount of underapplied or overapplied overhead for the year. 2. Prepafe a schedule of cost of goods manufactured for the year. Assume all raw matcrat a used in production as direct materials. 3. Compute the unadjusted cost of goods sold for the year. (Do not include any under a des oweyplied overhead in your cost of goods sold figure,) What options ane ayalak. (by) posing of underapplied or overapplied overhead? 4. Job 137 was started and completed during the year. What price would have been sed is company priced its jobs at 40% above the job's cost according to the accounting sy 5. Direct lahor made up $8,000 of the $40.000 ending Work in Process inventory bul sey ply the information missing below: Direct materials Direct labor Manulacturing overhead Work in process invemery $? 8.000 $40.000? formula that extimated S126.000 of manefacturing onethead for an estimated allocatiog bere of \$84,000 direct lahos dollark. Tho company las provided the following data in the form of an Excel workhee: Required: 1. a. Compute the predetermined overhead rate for the year. b. Compute the amount of underapplied or overapplied overhead for the year. 2. Prepafe a schedule of cost of goods manufactured for the year. Assume all raw matcrat a used in production as direct materials. 3. Compute the unadjusted cost of goods sold for the year. (Do not include any under a des oweyplied overhead in your cost of goods sold figure,) What options ane ayalak. (by) posing of underapplied or overapplied overhead? 4. Job 137 was started and completed during the year. What price would have been sed is company priced its jobs at 40% above the job's cost according to the accounting sy 5. Direct lahor made up $8,000 of the $40.000 ending Work in Process inventory bul sey ply the information missing below: Direct materials Direct labor Manulacturing overhead Work in process invemery $? 8.000 $40.000