IMA Clone financial records contain the following information.. The company uses a job order cost system and had the following data available for 2010. Direct materials purchased on account $74,000 Direct materials requisitioned and used 41,000 Direct labor cost incurred 65,000 Mfg. overhead, actual 73,000 Cost of goods manufactured 146,000 Cost of goods sold 128,000 Beginning direct materials inventory 13,000 Beginning WIP inventory 32,000 Beginning finished goods inventory 29,000 Mfg. overhead application rate, as a percent of direct-labor costs 125 percent a. What is the ending work-in-process inventory balance? b. What is the ending finished goods inventory balance? 3 c. Is Manufacturing Overhead under or over-applied? By how much? d. If the Cost of Goods Sold account is adjusted at the end or the period for any under or over-applied mfg overhead, will it be increased or decreased?