Crystale Displays produces screens for use in various smart phones. The company reports the following information at December 31. Crystale Displays began operations on January 31 earlier that same year

Requirements
1. What is the cost of direct materials used?
2. What is the cost of indirect materials used?
3. What is the cost of direct labor?
4. What is the cost of indirect labor?
5. What is the cost of goods manufactured?
6. What is the cost of goods sold (before adjusting for any under- or over-allocated manufacturing overhead)?
7. What is the actual manufacturing overhead?
8. How much manufacturing overhead was allocated to jobs?
9. What is the predetermined manufacturing overhead rate as a percentage of direct labor cost?
10. Is manufacturing overhead under-allocated or over-allocated? By how much?

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Manufacturing Overhead Finished Goods Inventory 127,000 114,000 Raw Materials Inventory Work in Process Inventory 27,500 127,000 64,000 44,000 Wages Payable 75,000 75,000 55,500 36,500 9,000 44,000 42,500 Balance 0