Ch 15 Homework 6 Exercise 15-16 (Algo) Manufacturing cost flows LO P1, P2, P3 Telstar uses job order costing. The T-accounts below summarize its production activity for the year. 3 points eBook Print Raw Materials Inventory Debit 45,400 Credit 24,650 8,400 Factory Wages Payable Debit 126,400 Credit 86,150 40,650 Work in Process Inventory Debit 24,650 Finished Goods Inventory Credit 170,720 Debit Credit 170,720 153,690 86,150 103,084 References 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. Mc Graw Hill 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) Saved Help Factory Overhead Debit Credit 8,400 103,084 40,650 61,770 Save & Exit Submit Check my work