Required:

Superior Corporation applies manufacturing overhead to production at $50\%$ of direct labor cost. During the year ended $20,$ manufacturing overhead of $$99,650$ was applied to production; actual manufacturing overhead was $$157,900.$ Ending Work in Process Inventory was $$22,680,$ and ending Finished Goods Inventory was $$34,560.$ Work in Process Inventory Increased by $20\%$ during the year and Finished Goods Inventory increased by $20\%$ during the year. Unadjusted Cost of Goods Sold was $$574,100.$

Complete the following schedule: $($Hint$.$ Begin with unadjusted cost of goods sold and work forward and then backward.$)$

$\backslash$table$[[$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,$],[$Under$($over$)$applied overhead adjustment,$],[$Adjusted cost of goods sold,$]]$