O A A ... ve VZIUU Short Answer (5 marks) The following costs are attributed to the Quilt Company: Purchase of raw materials (all direct) $291,100 Direct labour cost $141,800 Manufacturing overhead costs $198,100 Inventories: Beginning raw materials $10,000 Ending raw materials $900 Beginning work in process $20,000 Ending work in process $15,900 Beginning finished goods $20,000 Ending finished goods $6,800 I Quilt Company used a 120% predetermined overhead rate based on direct labour cost (budgeted overhead cost). Required: 5. Calculate the cost of goods manufactured based on the budgeted overhead cost. 6. Calculate the cost of goods manufactured based on the budgeted overhead cost