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Last 5 digits of your student number 10.133 1. Compute total manufacturing overhead estimated at the beginning of the period Fixed manufacturing overhead $310,000 260,133 Estimates made at the beginning of the period Estimated direct labor hours Estimated variable manufacturing overhead per direct labor mour Estimated total fixed manufacturing overhead $2.50 $310,000 Variable manufacturing overhead Total manufacturing overhead $650,333 $960,333 Actual amounts as of the end of the period Actual total manufacturing overhead incurred Actual total direct labor hours worked Jnadjusted cost of goods sold $715,000 205,000 $4,905,000 2. Compute the predetermined overhead rate used to apply manufacturing overhead to jobs $3.69 3. Compute the total amount of overhead applied to jobs during the period $756,798.11 4. Compute the amount of overapplied or underapplied overhead (if overapplied, present as a positive number; if underapplied, present as a negative number) $41,798.109 5. Compute the new balance in cost of goods sold after adjusting for over- or under-applied overhead. $4,863,201.89