Required: Oscar Corporation applies manufacturing overhead to production at 145 % of direct labor cost. During the year ended 20xx. manufacturing overhead of $171,970 was applied to production; actual manufacturing overhead was $200,400. Beginning Work in Process Inventory was $18,100, and ending Work in Process Inventory was $22,300. Beginning Finished Goods Inventory was $41,100, and ending Finished Goods Inventory was $38,500. Sales for the year were $581,200, yielding a $116,300 gross profit. Complete the following schedule: (Hint. First determine adjusted cost of goods sold from the income statement data and work backward.) Item Direct Materials Used in Production Direct Labor Manufacturing Overhead Applied Total current manufacturing costs +Beginning work in process inventory - Ending work in process inventory Cost of Goods Manufactured Beginning finished goods inventory - Ending finished goods inventory Unadjusted cost of goods sold Underapplied overhead adjustment Adjusted cost of goods sold. Amount