Vogel Corporation's cost of goods manufactured last month was $136,000. The beginning finished goods inventory was $35,000 and the ending finished goods inventory was $48,000. Overhead was over applied by $6,000. Any under applied or over applied manufacturing overhead is closed out to cost of goods sold.

How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?

		$123,000
		$171,000
		$136,000
		$117,000

Flyby Corporation is a manufacturer that uses job costing. The company closes out any over applied or under applied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:

Estimated total manufacturing overhead at the beginning of the year $624,000

Estimated direct labor-hours at the beginning of the year 39,000 direct labor-hours

Results of operations:

Actual direct labor-hours 36,000 direct labor-hours

Manufacturing Overhead costs incurred:

Indirect labor cost $131,000

Other manufacturing overhead costs incurred $543,000

The total amount of manufacturing overhead applied to production is:

		$1,547,000
		$576,000
		$624,000
		$674,000