Rexford Company manafactures finger splints for kids who get tendonitis from playing video games. The firm had the following inventories at the beginning and end of the month of January. Jan 1 Jan 31 Finished goods..$162,500 $152,100 Work in process.305,500 326,300 Raw material..174,200 161,200 The following additional manufacturing data pertains to January operations. Raw material purchased$248,300 Direct labor390,000 Actual manufacturing overhead.227,500 Actual selling and admistrative expenses.230,000 Rexford Company applies manufacturing overhead at the rate of 70 percent of direct-labor cost. Any overapplied or underapplied manufacturing overhead is accumulated untile the end of the year. Required: Compute the following amounts 1. The companys prime cost for January 2. The total manufacturing cost for January 3. The cost of goods nmanufactured for January 4. The cost of goods sold for January 5. The balane in the Manufacturing Overhead account on January 31. Debit or credit?