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Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applled to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $65.000 and its total manufacturing overhead cost to be $91,000. Several incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in second requirement. Required: 1. Calculate the predetermined overhead rate: 2. Fill in the missing values in the Taccounts 3. Compute over or underapplied overhead 4. Prepare a statement of cost of goods manufactured and sold including the adjustment for over or underapplied overhead 5. Prepare a brief Income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Calculate the predetermined overhead rate Pridamined R of Direct labor cost Boud2> Required 1 Required Required Required 4 Required in the missing values in the T-accounts Deginning Balance Purchases ning Balance Rawatan inventory 15.000 05.000 30.000 Beginning Dance Direct Males Orta Applied Overhead Crding Balance wo Proconary 30,000 70,000 50.000 20,000 Fint Goventory 10,000 Deginning Cost of Goods Com Erding Dance cotton told Unadjusted Cost of Goods Sold Adjusted Cost of Goods Sold 50.000 Town 300.000 AO In M edit bor Tawy orcito Factory Rent Tractory Union OF C A head Marton Creme 10.000 14 000 13.000 7.000 1000 TOO 50,000 Otvo Am 20 000 ome De 0.000 15.000 03.000 qard Requires Required 1 Required 2 Required 3 Required 4 Required 5 Compute over or underapplied overhead. Maructoring Overtid DOBSON MANUFACTURING COMPANY Cost of Goods Manufactured and Sold Report Direct 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 Required 3 Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a brief income statement for the company. DOBSON MANUFACTURING COMPANY Income Statement Net Income from Operations

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