Google Manufacturing has provided data concerning its Manufacturing Overhead account for the month of April. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $87,000 and the total of the credits to the account was $62,000. Which of the following statements is true? Multiple Choice Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $87,000. Actual manufacturing overhead incurred during the month was $62,000. Manufacturing overhead for the month was underapplied by $25,000. Manufacturing overhead applied to Work in Process for the month was $87,000. The following partially completed T-accounts summarize transactions for Target Manufacturing during the year: Raw Materials 5,500 5,700 Beg Bal Wages & Salaries Payable 20,900 Beg Bal 10,000 Beg Bal 22,700 Beg Bal Finished Goods 2,700 22,700 20,900 Work in Process 4,600 6,700 9,000 8,800 8,800 Manufacturing Overhead 3,300 4,000 3,700 3,000 13,000 Cost of Goods Sold 20,900 Beg Bal Target's manufacturing overhead applied was: Multiple Choice $4,000 $8,800 $15,700 $3,700 During March, Target Manufacturing transferred $64,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $70,000. The journal entries to record these transactions would include a: Multiple Choice debit to Finished Goods of $70,000. credit to Finished Goods of $64,000. credit to Cost of Goods Sold of $70,000. credit to Work in Process of $64,000. On April 1, Wayfair Manufacturing had $33,500 of raw materials on hand. During April, Wayfair purchased an additional $76,500 of raw materials. Also during April, $92,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $3,300. Prepare journal entries to record these events. Use those journal entries to answer the following questions: The credits to the Raw Materials account for the month of April total: Multiple Choice $76,500 $92,000 $33,500 $110,000