12) Kahanaoi Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year: Beginning inventories: Raw materials Work in process Finished goods Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year $38,000 $16,000 $39,000 $708,000 48,000 direct labor-hours $453,000 $417,000 | $545,000 46,000 direct labor-hours Results of operations: Raw materials purchased on account Raw materials (all direct) requisitioned for use in production Direct labor cost Actual direct labor-hours Manufacturing overhead: Indirect labor cost Other manufacturing overhead costs incurred Selling and administrative: Selling and administrative salaries Other selling and administrative expenses Cost of goods manufactured Sales revenue Cost of goods sold (unadjusted) $151,000 $449,000 $193,000 $355,000 $1,568,000 $2,489,000 $1,498,000 e. What is the total manufacturing cost added to Work in Process during the year? f. What is the journal entry to record the transfer of completed goods from Work in Process to Finished Goods? g. What is the ending balance in Work in Process? h. Is manufacturing overhead overapplied or underapplied for the year? By how much