Calculate Adjusted Cost Of Goods Sold 548570

Beaulieau Inc uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $120,000 for the year; direct labor was estimated to total $150,000.

a. Calculate the predetermined overhead rate

b. Calculate cost of goods manufactured

c. Calculate the over- or underapplied overhead

d. Calculate adjusted cost of goods sold