i need formula include in all parts

6. Vandelay Industries makes furniture using the latest automated technology, The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year Machine-hours Direct-Labor Hours 125,000 85,000 $ 725,000 $ 3.10 Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour During the year, a glut of furniture on the market resulted in cutting back production and a buildup of furniture in the company's warehouse. The company's cost records revealed the following actual cost and operating data for the year Direct Labor Hours Machine-hours Manufacturing overhead cost 99,000 115,725 $ 800,845 Inventories at year-end: Raw materials Work in process Finished goods S 420,000 S 110,000 S 1,050,000 $ 2,710,000 Cost of goods sold A. Compute the Company's predetermined overhead rate for the year Compute the allocated overhead for the year B. C. Compute the underapplied or overapplied overhead for the year. D. Assume the Company closes any underapplied or overapplicd directly to Cost of Goods Sold. Prepare the appropriate entry E Based on your entry for "D", what is the impact on the company's income statement