Using formulas complete the highlighted questions:)

Predetermined overhead rate Actual direct labor hours Paste B I U= P . Alignment Number Conditional Format as Cell Cells Editing E24 ABCDEFF 25 Manufacturing overhead applied Underapplied (overapplied) manufacturing overhead 2. Prepare a schedule of cost of goods manufactured: Stanford Enterprises Schedule of Cost of Goods Manufactured Direct materials: 34 Raw materials inventory, beginning 35 Add: Purchases of raw materials 36 Total raw materials available 37 Deduct: Raw materials inventory, ending 38 Raw materials used in production 39 Direct labor 40 Manufacturing overhead applied to work in process 41 Total manufacturing costs 42 Add: Beginning work in process inventory 43. Total cost of work in process 44 Deduct: Ending work in process inventory 45 Cost of goods manufactured 46 47 3. Prepare a schedule of cost of goods soid. 48 ? FLE HOME INSERT PAGELAYOUT FORMULAS DATA REVIEW VIEW Paste s. B I U. A. Alignment Number Conidicional Fortiat as Cell Cells Editing \begin{tabular}{l} Cipboard Font \\ E24 \\ \hline \end{tabular} 52 Finished goods inventory, beginning 53. Add: Cost of goods manufactured 54 Cost of goods available for sale 55 Deduct: Finished goods inventory, ending 56 Unadjusted cost of goods sold 57. Underapplied (overapplied) overhead 58 Adjusted cost of goods sold \begin{tabular}{r|r} 59 \\ 60 & 12 \\ 62 & 1 \end{tabular}