Hershey Company uses a job order costing system and applies manufacturing overheads on the basis of direct labor cost. Total manufacturing overhead was estimated to be $142,595 for the year; direct labor was estimated to total $150,100.

	(1/1)			(12/31)
Raw Materials Inventory	$	14,200		$	9,400
Work in Process Inventory	$	20,000		$	22,700
Finished Goods Inventory	$	42,500		$	31,300

The following transactions have occurred during the year.

Raw materials purchases	$	111,000
Direct materials used	$	104,500
Direct labor	$	126,800
Indirect materials used	$	11,300
Indirect labor	$	16,300
Factory equipment depreciation	$	27,100
Factory rent	$	21,700
Factory utilities	$	9,100
Other factory costs	$	6,900

(a) Calculate the predetermined overhead rate.

(b) Calculate cost of goods manufactured.

(c) Calculate the over- or underapplied overhead. (Input the amount as positive value.)

(d) Calculate adjusted cost of goods sold.