i am currently working on this problem, just thowing it out there to see if i can compers answers and did the problem correctly.

7 PA2-8 (Algo) Recording Manufacturing Costs, Preparing a cost of Goods Manufactured Report, and Calculating Income from Operations (LO 2-3,2-4,2-5, 2-6) 3 Book Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its total direct labor cost to be $55,500 and its total manufacturing overhead cost to be $105,450. Several incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in second requirement. Required: 1. Calculate the predetermined overhead rate. 2. Fill in the missing values in the T-accounts. 3. Compute over- or underapplied ovelhead, 4. Prepare a statement of cost of goods manufactured and sold including the adjustment for over- or underapplied overhead. 5. Prepare a brief income statement for the company. ances Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Required Calculate the predetermined overhead rate. % of Direct Labor Cost Predetermined Overhead Rate Required 2 >