Pearl Company reported the following actual cost data for the year: Pearl Company used a 150% predetermined overhead rate based on direct labour cost. The rate was based on annual estimated overhead cost and direct labour cost of $252,000 and $168,000, respectively. Required: 1. Calculate the cost of goods manufactured. 2. What was the cost of goods sold before adjusting for any under or overapplied overhead? 3. By how much was manufacturing overhead cost under or overapplied? 4. Prepare a summary journal entry to close any under or overapplied manufacturing overhead cost to cost of goods sold