GUDS 4 Cadbury Company uses a job order costing system Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $120,000 for the year direct labor was estimated to total $150,000 1231 aw Materials Iaventory Work in Process Inventory Fimished Goods Inventory S13,000 $10,000 19,000 $22000 41000 S32.000 Direct labor cost is the cost driver for manufacturing overhead The following transactions have occurred during the year Raw materials parchases Diroct materials used Direct labor Indirect materials use Indirect labor Factory equipmcnt depreciation Factory reat Factory utilati Other factory costs 100,000 S 91,000 125.000 S 12.000 S 18.000 S 28,000 S 22000 S 9.500 S 8,500 a Calculate the predetermined overhead rate b Calculate cost of goods manufactured c. Calculate the over / underappled overhead d Calculate adjusted cost of goods sold