Please do not give solution in image format thanku Activity during the periodDirect materialsDirect laborIndirect materialsIndirect laborOther overheadCost of goods sold (before under- oroverapplied overhead)Predetermined overhead rateEnter answers in the tabs below.Required 1 Required 2 Required 3DebitDebitCompany 1$ 83,60043,80015,00060,20021,100Determine whether overhead is overapplied or underapplied for each company.Factory Overhead-Company 1125% of direct materials costFactory Overhead-Company 2218,000CreditCreditCompany 2$ 63,80085,6008,10051,30052,500268,000120% of direct labor cost

The overhead is applied to the production on the basis of the pre-determined overhead rate. The…

Activity during the period Direct materials Direct labor Indirect materials Indirect labor Other overhead Cost of goods sold (before under- or overapplied overhead) Predetermined overhead rate Enter answers in the tabs below. Company I $ 83,600 43,800 15,000 60,200 21,100 218,000 Company 2 $ 63,800 85,600 8,100 51,300 52,500 268,000 125% of direct materials cost 120% of direct labor cost