Superior Corporation applies manufacturing overhead to production at 65% of direct labor cost. During the year ended 20xx, Required: manufacturing overhead of $129,480 was applied to production; actual manufacturing overhead was $157,500. Ending Work in Process Inventory was $21,620, and ending Finished Goods Inventory was $36,000. Work in Process Inventory increased by 15% Process inventory was $21,620, and ending Finished Goods inventory was $36,000. Work in Process inventory ine year and Finished Goods inventory increased by 20% during the year. Unadjusted Cost of Goods Sold was $573,600. Complete the following schedule: (Hint. Begin with unadjusted cost of goods sold and work forward and then backward.)