2. [50]. Overhead is $20 per hour of direct labor. Using a manufacturing accounting approach, make the T account entries for the following transactions. a) Purchased raw material for $20,000 on credit b) Used $15,000 in raw material in product manufacture c) Paid workers $18,000 for 2,000 hours of direct labor. d) Apply overhead to the work in process account. e) Finished work on $70,000 in Goods and sent them to the Finished Goods Warehouse. f.) Paid for raw materials purchased in part a. g.) Sold goods in Finished Goods Warehouse worth $50,000 for $80,000 to a customer on credit. h.) Paid $19,000 for roof repair on the factory. i.) Paid $10,000 for factory safety training j.) Paid $5,000 for machinery lubricating oils. k.) Received funds from customer in transaction g. 1.) Charged depreciation on factory machinery of $$10,000 to Overhead k.) Determine the amount of over or under applied overhead and make the simplest adjustment you can make to bring the overhead account to a zero balance