2. Instructions for Posting (200 to 300 words - 60pts): a. Provide an explanation and example for Direct Materials and Indirect Materials. b. Explain the difference between Over-Applied Manufacturing Overhead and. Under-Applied Manufacturing Overhead. c. Describe the Raw Materials Inventory Account and include: 1- What transactions include a debit to the Raw Materials Inventory Account. 2- What transactions include a credit to the Raw Materials Inventory Account. Upload and attach your completed excel file to your posting. * 3. Instructions for Reply to another student (100 to 200 words - 40pts): a. Choose a student to reply to that completed a different part than you did for your posting. * Please remember: A limit of two students allowed to reply to another student's posting. b. Review the other student's journal entry problem and posting to explain: 1- If you would prepare the same or different journal entries for the other student's transactions. 2- Meaningful details of what you learned from the reviewing the other student's posting. *Alternate b.2-: Or you can explain the three main manufacturing costs (product costs) and the two main period costs. Make sure to provide a description and an example for each cost