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Using formulas solve the highlighted portion 14 inventories: 15 Ravi materials (all direct) 16 Work in process 27 Finished goods 18 is Use the data

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14 inventories: 15 Ravi materials (all direct) 16 Work in process 27 Finished goods 18 is Use the data to answer the following 22. 1. Compute applied overhead and determine the amount of underapplied or overapplied overhead: 22 Actual manutacturing overhead cost 23 Predetermined overhead rate 24. Actua direct iabor hours 25 Manufacturing overhead applied 26 27 Underapplied (overapplied) manufacturing overhead 28. 29 2. Prepare a schedule of cost of goods manufactured: Paste \& B I U. styes BC E 55 Deduct: Finished goods inventory, ending 56 Unadjusted cost of goods sold 57 Underapplled (overapplied) overhead 5B Adjusted cost of goods sold

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