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Two separate companies report the information below. Activity during the period Direct materials Direct labor Indirect materials Indirect labor Other overhead Cost of goods

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Two separate companies report the information below. Activity during the period Direct materials Direct labor Indirect materials Indirect labor Other overhead Cost of goods sold (before under- or overapplied overhead) Predetermined overhead rate Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute applied overhead for each company. Company 1 $ 81,100 42,800 Company 2 $ 62,800 84,600 14,000 7,600 59,200 50,300 20,100 51,500 208,000 258,000 125% of direct materials cost 120% of direct labor cost Factory overhead-Company 1 Factory overhead-Company 2

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