A A A A 12 Robinson & Daughters uses a normal cost system to account for jobs it produces and closes out any over- or under-applied manufacturing overhead directly to Cost of Goods Sold at the end of each quarter. Various accounts have beginning balances in the amounts as follows (in $1,000's). Cash $ 425 Raw Materials Inventory (RM) $ 17 Work in Process Inventory (WIP) $ 22 Finished Goods Inventory (FG) $ 41 Manufacturing Overhead (MOH) $ Property, Plant, and Equipment (PP&E) S 315 Accounts Payable (A/P) $ Retained Earnings (R/E) $ 516 A summary of transactions completed in the quarter are shown below in $1,000's: a. Raw materials purchased on account $ b. Raw materials used in production (80% were direct; the remainder indirect) 75 c. Salaries & wages paid in cash (85% direct; 10% indirect; 5% selling & admin) S 120 d. Depreciation on PP&E (95% manufacturing: the remainder selling & admin) S 20 e. Factory utility expenses paid on account S 16 f. Advertising expenses paid in cash $ 8 g. Manufacturing overhead applied to production h. Cost of goods manufactured $ 231 i. Cash sales to customers $ 269 j. Cost of goods sold (unadjusted) $ 250 k. Over-applied overhead closed entirely to Cost of Goods Sold $ 62 AA 3 Hint: To answer the following two questions, use T-accounts. You can set them up on the following page. Show your steps. 1. For the quarter ended on September 30, MOH applied to production (transaction g) was: 2. On September 30, the ending balance in Finished Goods Inventory was