Moody Blues Chocolate Factory uses job costing to cost its products. In its first quarter of operations, the company incurred the following material and labor costs in manufacturing a batch of its chocolate candies (the company uses normal costing to apply overhead to products and uses machine hours as the cost driver):

Materials data:

Direct material purchases $100,000

Direct materials used in production (cost) 85,000

Labor data:

Direct labor costs 60,000

Manufacturing overhead data:

Overhead application rate per machine hour 9.00

Machine hours used 10,000

Inventory data:

Transferred to finished goods 210,000

Cost of goods sold during quarter 190,000

Required

A.Calculate the direct materials ending inventory.

B.Calculate the work in process ending inventory.

C.Calculate the finished-goods ending inventory.

D.At the end of the quarter, Moody Blues' actual manufacturing overhead costs totaled $80,000. Calculate the over- or underapplied overhead for the period.