please help me compute the cost of goods sold for the year. ( do not include the under or over applied overhead in the cost of goods sold .) What options are available of disposing of under or over applied overhead? Gitano products operates a job order costing system and applies overhead cost to jobs on the basis of direct materials used in production ( not on the basis of raw materials purchased). In computing a predetermined overhead rate at the beginning of the year, the company's estimates were: manufacturing overhead cost, $ 800,000; and direct materials to be used in production , $ 500,000. the company has provided the following data; raw materials beginning$ 20,000 and ending $ 80,000, work in process beginning $150,000 and ending$ 70,000. Finished goods beginning $ 260,000 and ending $ 400,000. The following actual costs were incurred during the year: Purchased of direct raw materials $ 510,000 , direct labor cost $ 90,000 and manufacturing overhead ; indirect labor 170,000, property taxes 48,000, depreciation equipment 260,000, maintainance 95,000, insurance 7,000 and rent - building 180,000. I need to compute the cost of goods sold for the year.( do not include the under or over applied overhead in the cost of goods sold)What options are available of disposing of under or over applied overhead?