Analyzing Manufacturing Costs The following T-accounts represent inventory costs as of December 31, 2009:

1. Determine the direct labor costs for 2009.
2. Determine the cost of goods manufactured for 2009.
3. Determine the cost of goods sold for 2009.
4. Compute over- or underapplied manufacturing overhead for 2009.
5. Determine actual indirect manufacturing costs for 2009.

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Raw Materials Inventory Finished Goods Inventory Bal. 12/31/05 70,000 200,000 Bal. 12/31/05 39,500 336,500 175,000 350,000 Bal. 12/31/06 45,000 Work-in-Process Inventory Bal. 12/31/06 53,000 Manufacturing Overhead Bal. 12/31/05 12,500 350,000 24,500 124,500 200,000 26,000 124,500 30,000 86,000 36,000 Bal. 12/31/06 73,000