Problem III (20 points) Raw Materials Work In Process ???? ???? Balance 17,000 Purch 80,000 19,000 Bal Balance 9,000 Materials ???? Labor 50,000 MOH 30,000 Bal 14,000 Finished Goods Factory Labor ????? 50,000 50,000 Balance 11,000 Trans in _????? Bal 8,000 Manufacturing Overhead Cost of Goods Sold 25,000 (Actual) ????? ????? Instructions: Calculate the items with red (?), and answer the following: 1. Raw materials used (all direct) 2. Jobs complete and transferred to finished goods Cost of Goods Sold Overhead Balance (amount and over/under)