Gitano products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased). its predetermined overhead rate was based on a cost formula that estimated $800,000 of manufacturing overhead for an estimated allocation base of $500,000 direct material dollars to be used in production. the company has provided the following data for the just completed year:

purchase of raw materials $510,000
direct labor cost $90,000
manufacturing overhead costs:
indirect labor $170,000
property taxes $48,000
depreciation of equipment $260,000
maintenance $95,000
insurance $7,000
rent, building $180,000

beginning ending
raw materials $20,000 $80,000
work in process $150,000 $70,000
finished goods $260,000 $400,000

required:
1. compute the predetermined overhead rate for the year.
2. compute the amount of underapplied or overapplied overhead for the year.
3. prepare a schedule of cost of goods manufactured for the year. assume all raw materials are used in production as direct materials.
4. compute the unadjusted cost of goods sold for the year. do not include any underapplied or overapplied overhead in your answer.
5. assume that the $70,000 ending balance in work in process includes $24,000 of direct materials.
given this assumption, supply the information missing below:

direct materials $24,000
direct labor ?
manufacturing overhead ?
work in process inventory $70,000

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.