8.33 7 points The following information is available for a custom manufacturer. Inventories Raw materials, beginning Work in process, beginning Finished goods, beginning Cost of goods manufactured $ 38,300 12,700 9,050 95,590 83,500 Sales 100,300 Costs incurred for the period Raw materials purchases Direct materials used Direct labor used Factory overhead (actual) Indirect materials used Indirect labor used Predetermined overhead rate based on direct materials used 80% Other overhead costs Cost of goods sold (not considering over- or underapplied overhead) 1. Complete the T-accounts for each of the three inventory accounts using the data provided in the above table. 2. Compute overapplied or underapplied overhead. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the T-accounts for each of the three inventory accounts using the data provided in the above table. Raw Materials Inventory 38,300 Beginning Purchases 18,760 9,600 Indirect materials 43,850 Direct materials Beginning Direct materials Direct labor Ending 3,610 Ending Finished Goods Inventory Beginning Cost of goods manufactured 9,050 95,590 83,500 Cost of goods sold Ending 21,140 $ 18,760 43,850 23,100 9,600 16,700 4,600 Work in Process Inventory 12,700 43,850 23,100 95,590 Cost of goods manufactured < Required 1 Required 2 15,940