QUESTION 7 Use this information to answer Questions 7 and 8. The following partial T-accounts are used for the next two questions. They summarize transactions (lettered AA thru KK)) for Western Company during the year. Using what you know about the flow of costs in a job order cost system determine your answers. (No calculations are required to answer these questions.) Raw Materials Beg.Bal.3,000 AA) 5,000 CC) 1,500 BB) 7.000 DD) 7.800 Finished Goods Beg. Bal 9,000 GG) 30,000 HH) 27,000 Work-in-Process Bog.Bal.6,000 DD) 7.800 EE) 9,000 FF) 8,500 | GG) 30,000 Manufacturing Overhead CC) 1,500 II) 2,000 JJ) 750 KK) 3,000 FF) 8,500 Cost of Goods Sold HH) 27,000 Which amount in the accounts above represents the cost of direct materials used during the period? $30,000 $8.500 $27,000 $7,800 QUESTION 8 The manufacturing overhead applied was: $ 7,800 $27,000 $ 8,500 $ 9,000