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1 Telstar uses job order costing. The T-accounts below summarize its production activity for the year. 10 points Raw Materials Inventory Debit 46,000 Credit

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1 Telstar uses job order costing. The T-accounts below summarize its production activity for the year. 10 points Raw Materials Inventory Debit 46,000 Credit 25,250 9,000 Factory Wages Payable Debit 127,000 Credit 86,750 41,250 Work in Process Inventory Debit Credit Debit Finished Goods Inventory Credit 25,250 171,320 86,750 171,320 154,290 103,684 1. Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold (before closing over- or underapplied overhead) 2. Compute the amount that overhead is overapplied or underapplied. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount for each of the following. a. Direct materials used $ 9,000 b. Indirect materials used $ 41,250 c. Direct labor used $ 62.370 d. Indirect labor used $ 112,620 e. Cost of goods manufactured $ 103,684 f. Cost of goods sold (before closing over- or underapplied overhead) $ 8,936 Factory Overhead Debit Credit 9,000 103,684 41,250 62,370

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