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271 point VivaVista Manufacturing uses a predetermined overhead rate based on labor-hours to...

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Accounting

271 point
VivaVista Manufacturing uses a predetermined overhead rate based on labor-hours to apply manufacturing overhead to jobs. Data concerning the company's manufacturing operations for a job in year 2020 are provided below in the table.
If unadjusted COGS during 2020 is $500,000, compute the adjusted COGS.
Actual labor-hour
10,000
Actual manufacturing overhead cost incurred....... $200,000
Estimated labor hours......................................... 8,000
Estimated manufacturing overhead cost............... $208,000
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