redetermined overhead rate for the current year on the following data: decimal places.) predetermined overhead rate for the current year on the following data: ct labor hours, (3) the total direct labor hours actually worked during the period = 21,000, and (4) manufacturing overhead is overapplied by $1,200. Assume that a company uses direct labor dollars as the allocation base to compute its predetermined plantwide overhead rate of 140%. Also, assume the Direct labor Cost of goods manufactured $ 65,000 $ 260,000 Actual manufacturing overhead Selling and administrative expense $ 84,000 $ 76,000 If the beginning finished goods inventory was $10,000, the ending finished goods inventory was $2,000, and net operating income was $8,000 then wha Multiple Choice $365,000 $315,000 $325,000 $345,000