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.