Soldatna Corporation's controller frequently prepared T-accounts to analyze inventory. However, his

penmanship was poor and he is no longer employed by the company. The following was reconstructed

from a scratch pad left on his desk. The missing values (?) were illegible. Analyze the information and answer

the requirements that follow.

Raw Materials		Cost of Goods Sold
beg. bal.	?	?				491,000	?
	175,000					491,000	?
	175,000	?
						481,000
	102,000
Work in Process		Factory Overhead
beg. bal.	44,000	460,000				35,000	?
	113,000					40,000
	?					75,000
	?				?
	477,000	?				?	?
	?					?
Finished Goods
beg. bal.	131,000	?
	?
	?	?

100,000

(a) Overhead is applied at 100% of direct labor cost. How much was direct labor?

(b) Was overhead over- or underapplied, and by how much?

(c) Which inventory category increased?

(d) Other factory overhead, besides indirect material and indirect labor, was $75,000. Indirect labor

was 25% of the direct labor. How much was indirect material?

(e) How much was cost of goods manufactured?