The cost department of Black Corporation prepared the following data Inventories Finished goods WIP Jan 1 71600 89500 54200 Dec31 Miscellaneous FOH ? 95550 68300 6300 Materials Interest earned Finished goods inventory, 1 Jan 700 units 31st Dec 900 units and sold units amount to 4200 at $250 per unit Material purchased 490000 Direct labor $162500 @ $8 per hour FOH is applied at the rate of $10 per direct labor hour. Freight in 8600 Purchase discount 5200 Required: . Prepare cost of goods sold statement. ii. Calculate under applied/over applied FOH by using the following information: Depreciation Factory equip 91350 Indirect labor 83400 57900