Questions 17 and 18 use the data of LHJ Company's cost data are follows Estimated manufacturing overhead cost for the year 115.000 Estimated direct labor cost for the year 71,875 Actual manufacturing overhead cost for the year 119,000 Actual direct labor cost for the year 73,000 17. Choose the predetermined overhead allocation rate per direct labor dollar. a. 1.60 b. 0.63 c. 1.51 d. 0.93 18. Choose appropriate adjustment. a. Adjustment is not required in this case b. Debiting 2,200 on COGS account due to under-allocation c. Crediting 1,100 on GOGS account due to over-allocation d. Debiting 1,100 on COGS account due to under-allocation 23. Manufacturing costs include a. direct materials and direct labor only. b. direct materials and manufacturing overhead only. c. direct labor and manufacturing overhead only. d. direct materials, direct labor, and manufacturing overhead. 24. A manufacturing company calculates cost of goods sold as follows: a. Beginning FG inventory + cost of goods purchased - ending FG inventory. 8. Ending FG inventory - cost of goods manufactured + beginning FG inventory. . Beginning FG inventory - cost of goods manufactured - ending FG inventory. @ Beginning FG inventory + cost of goods manufactured - ending FG inventory