One of the junior accountants from your auditing firm has reviewed your records and entries for inventory, direct costs, overhead accounts and cost of goods sold. They have found two entries that they believe have been incorrectly recorded and should be corrected. The entries they found and the description your company recorded were: Factory Overhead Indirect Labor 10,000 10,000 To record indirect labor as factory overhead Selling Expenses 22,000 Indirect materials 22,000 To record indirect materials used in production After reviewing this, what might be your response and how might you make the correction if a correction is needed? (no more than 5 sentences. Spelling and grammar errors will result in one point deducted for EACH error).