please look at the numbers carefully

Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materiais are used in production as direct mater 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answ 5. Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given this assumption, supply information missing below: Complete this question by entering your answers in the tabs below. Compute the amount of underapplied or overapplied overhead for the year. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 5. Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given this assumption, supply th information missing below: Complete this question by entering your answers in the tabs below. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in proc 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied 5 . Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given information missing below: Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate for the year. Problem 3-14 (Static) Schedule of Cost of Goods Manufactured; Overhead Analysis [LO3-3, LO3-4] Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased). its predetermined overhead rate was based on a cost formula that estimatec $800,000 of manufacturing overhead for an estimated allocation base of $500,000 direct material dollars to be used in production. The company has provided the following data for the just completed year: Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year: 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 5. Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given this assumption, supply the information missing below: Complete this question by entering your answers in the tabs below. Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materis 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answ 5. Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given this assumption, supply information missing below: Complete this question by entering your answers in the tabs below. Assume that the $70,000 ending balance in Work in Process includes $24,000 of direct materials. Given this assumption, supply the information missing below