The following information is available for the year ended December 31, 2020: Direct materials inventory, December 31, 2019 $ 25,000 Direct materials inventory, December 31, 2020 5,000 WIP, January 1, 2020 56,000 WIP, December 31, 2020 28,000 Finished goods, January 1, 2020 90,000 Finished goods, December 31, 2020 60,000 Direct labor costs for the year 100,000 Actual overhead incurred 300,000 Cost of goods sold 400,000 Overhead application rate 140% of direct labor cost Units manufactured 200,000 units The company prices its product at 150% of full manufacturing cost. REQUIRED: COMPUTE THE FOLLOWING: (show computations on opposite page if needed)

1. Cost of goods manufactured: $_______________ 2. Applied overhead: $___________ 3. Direct materials used: $______________ 4. Direct materials purchased: $_____________ 5. Full manufacturing cost per unit: $___________ 6. Cost of goods available for sale: $____________ 7. Mis-applied overhead (give amount and direction): $______________