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Teletron Inc operates a job order costing system. Teletron applies Estimated Manufacturing Overhead to jobs at a Pre-Determined Overhead Rate (POHR) of $20 per

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Teletron Inc operates a job order costing system. Teletron applies Estimated Manufacturing Overhead to jobs at a Pre-Determined Overhead Rate (POHR) of $20 per Dire Labor Hours (DLH's) incurred. In the current year Teletron incurred 42,500 actual Direct Labor Hours (DLH's). As a result they applied $850,000 of Estimated Manufacturing Overhead Costs to their Manufacturing Overhead Account in the current year. Teletron provides you with the following selected inventory account information for the current year: Manufacturing Overhead BOY Balance Actual CY Manufacturing Overhead Costs Estimated Manufacturing Overhead Costs Applied to WIP Underapplied Estimated Manufacturing Overhead Adjustment amount to zero out account $0 $853,000 ($850,000) ($3,000) Finished Goods Beginning Inventory $290,000 Cost of Goods Manufactured $800,000 $300,000 Ending Inventory Based on the information provided above, provide Teletron's SCHEDULE OF COST OF GOODS SOLD. Properly label all items and amounts to receive full credit.

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