Problem 3-44 Manufacturing Cost Flows; Analysis of T-Accounts (LO 3-2, 3-5)

Perfecto Pizza Company produces microwavable pizzas. The following accounts appeared in Perfectos ledger as of December 31. Additional information:

1. Accounts payable is used only for direct-material purchases.
2. Underapplied overhead of $2,500 for the year has not yet been closed into cost of goods sold.

Required: Complete the following T-accounts.

Please explain and write the calculations for all the amounts that you will fill in the blanks, I have to know how you can get the amounts.

Thanks, its a managerial accounting question.