Pasadena Co. uses normal absorption costing. Factory overhead is applied to production at a budgeted rate based on direct labor cost. At the end of the period, there are two unfinished jobs. Additional information is available as follows:

Direct materials used = $90,000

Direct labor = $130,000

Beginning balance of work in process = $120,000

Cost of goods manufactured = $220,000

Finished goods beginning inventory = $70,000

Finished goods ending inventory = $130,000

Factory overhead is over applied by $80,000

Actual factory overhead = $141,000

Determine the following:

1. The cost of goods sold before disposition of over applied overhead

2. Ending balance in WIP

3. Budgeted rate for applying factory overhead

4. Assuming the overapplied factory overhead is not prorated, what is adjusted cost of goods sold?