Required information [The following information applies to the questions displayed below]. Gunchem Cereal Company incurred the following actual costs during 201. The firm's predetermined overhead rate is 210 percent of direct-labor cost. The January 1 inventory balances were as follows: Each of these inventory balances was 10 percent higher at the end of the year. Required: 1. Prepare a schedule of cost of goods monufactured for 201