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

• Direct materials = $50,000
• Direct labour = $100,000
• Beginning balance of work-in-process = $100,000
• Cost of goods manufactured = $150,000
• Finished-goods beginning inventory = $140,000
• Finished-goods ending inventory = $110,000
• Factory overhead over applied by $60,000
• Actual factory overhead = $90,000

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. The adjusted cost of goods sold, assuming the over applied factory overhead is not prorated.