Chapter 3 PI: Haberman Chocolate Factory used to cost its products. In its first quarter of operations, the factory incurred the following material and labor costs in manufacturing a batch of its chocolate candies. The factory applies overhead to products using machine hours as cost driver Materials Data: Direct material purchases Direct materials used in production costs $100,000 85,000 Labor data: Direct labor costs 60,000 Manufacturing overhead data: Overhead application rate per machine hour Machine hours used 9.00 10,000 Inventory data: Transferred to finished goods Cost of goods sold during quarter 210,000 190,000 (a) Determine the ending inventory of direct materials. (b) Determine the ending inventory of work in process. (c) Determine the ending inventory of finished goods inventory. (d) Haberman Chocolate Factory's actual manufacturing overhead costs totaled $80,000 at the end of the quarter. Determine the over- or underapplied overhead of the period