vaiua: 10.00 points PA2-8 Recording Manufacturing Costs. Preparing a Cost of Goods Manufactured Report. and Calculating Income from Operations [L0 2-3. 2-4. 2-5. 2-6] Dobson Manufaomring Company uses a job order oust system with manufacturing overhead applied to products on the basis of direct iaoor dollarst At the beginning of the most reoent period, the mmpan'y estimated its taiai direct labor oosttu be $50,300 and its total manufacturing overhead 0051 to be $95,570. Several incomplete general ledger eooounts showing the transactions that oomrred during the mut resent aomunting period follow: Required: 1. Caioulate the predetermined overhead ratat 2. Fill in the missing values in the Taooounts. Beginning Balanoe 14'900 Beginning Balanoe 29.300 Purchases 93000 Direct Materials 69.600 Ending Balanm 29300 Direct Labor $ 41.200 Applied Overhead Ending Balanue 19.600 Beginning Balanoe 40'600 Unadjusled Cost ofGoods Sold Cost of Goods Completed Adjued Cost of Goods Sold Ending Balance 483% ' 312.000 Indireni Mmerials 9.800 AppTie-d Overhead Indirect Labor 14.300 _ Factory Depreciation 12.000 Factory Renl 3.600 7 Factory Ul'rties 1.600 Other Factury Cosis 9.500 7 Mel Overhead 53.800 Adm. Salaries 27.300 Ofce Depreciaon 18.100 Advertising 14.200 - Ending Balanne 59.600 - 3. Compute (wer- or underapgied overhead. 4. Prepare a statement of ooot of goats manufaothed and sold including the adjustment tor over- or undorappliod overhead. Direot Materials Used in Production Total Current Manufacturing Costs 0 Total Work in Process 0 Cost of Goods Manufactured Cost of Goods Available for Sale 0 Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold