Use the information below to answer the two questions that follow. A company uses a job order costing system and applies Manufacturing Overhead (MOH) based on Machine Hours (MHs). The company provided the follow ing information for the most recent month of operations: Direct materials purchased Estimated MHs for the month $40,000 8,000 MHs Actual MHs worked in the month Actual Direct Labor cost used in production Estimated MOH Actual MOH 7,500 MHs $25,000 $56,000 $63,000 Inventory Balances at the beginning and end of the month were as follows: Raw Materials (all direct) Work in Process Finished Goods Beg. Balance End. Balance $12,100 $16,600 $43,000 $22,000 $61,000 $83,000 Q.) Before closing any over- or under-applied MOH, what is the amount of una usted Cost of Goods Sold for the month? A.) $ Q.) The company's sales revenue of the month was $312,000. If the company closed any under- or over-applied MOH costs to Cost of Goods Sold at the end of the month, what would be the gross margin after the adjustment?