Afternoon,

Can you look over this problem and review what you think is correct?

I'm having a hard time even starting and would really like some help.

Telstar uses job order costing. The T-accounts below summarize its production activity for the year. Raw Materials Inventory Debit Credit 45, Bee 24,250 8,080 Factory Wages Payable Debit Credit 126.000 85,75e 48,250 Factory Overhead Debit Credit 8, es 182,684 40,250 61,370 Work in Process Inventory Debit Credit 24,250 170,320 85,750 102,684 Finished Goods Inventory Debit Credit 170,320 153,290 1. Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold (before closing over- or underapplied overhead) 2 Compute the amount that overhead is overapplied or underapplied. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold before closing over-or underapplied overhead) Required 1 Required 2 >