required: Superior Corporation applies manufacturing overhead to production at 70% of direct labor cost. During the year ended 20x. manufacturing overhead of $139,930 was applied to production; actual manufacturing overhead was $157,400. Ending Work in Process Inventory was $22,655, and ending Finished Goods Inventory was $32,670. Work in Process Inventory increased by 15% during the year and Finished Goods Inventory increased by 10% during the year. Unadjusted Cost of Goods Sold was $574,500. Complete the following schedule: (Hint Begin with unadjusted cost of goods sold and work forward and then backward.)