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MBA, Inc. manufactures notes for various topical matters covered in most MBA programs. Data for its initial period (no beginning inventories) appear below. MBA uses

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MBA, Inc. manufactures notes for various topical matters covered in most MBA programs. Data for its initial period (no beginning inventories) appear below. MBA uses a normal accounting system. It assigns manufacturing overhead at 150% of direct labor cost. During the period it had the following transactions (amounts are in dollars unless noted). In a. Prepare a Statement of Cost of Goods Manufactured using the normal costing method. b. Calculate actual MOH and under- or over-applied MOH

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