Ninja Sword Shop manufactures plastic swords for cosplay events and uses direct labor cost to apply manufacturing overhead to the production of it's swords. The amount of overhead applied is 110% of direct labor cost. In 2010, manufacturing overhead in the amount of $87,340 was applied to its manufacturing process; actual manufacturing overhead was in the amount of $110,700. Beginning Finished Goods Inventory was $36,000 and beginning Work in Process Inventory was $14,800. Work in Process Inventory had an increase of 20% during 2010 and Finished Goods Inventory had a decrease of 10% during 2010. Sales for the year ended 2010 were $451,700, yielding a $128,200 gross profit. Complete the following schedule: Amount 0 Item Direct Materials used in Production Direct Labor Manufacturing Overhead Applied Current Manufacturing Costs Beginning Work in Process Inventory Ending Work in Process Inventory Cost of Goods Manufactured Beginning Finished Goods Inventory Ending Finished Goods Inventory Unadjusted Cost of Goods Sold Overhead Adjustment Adjusted Cost of Goods Sold