Styles Part A: Calculate the following amounts using the information below (show all yourcalculations to be clicible for Raw Materials Inventory, Jan 1 $60,000 .Work in Process Inventory, Jan 1 $150,000 Finished Goods Inventory, Jan 1 $20,000 Material Purchases $80,000 .Direct Labor $170,000 Indirect Labor $15,000 Factory Utilities $20,000 Factory Rent $90,000 Depreciation on Office Building $10,000 . Raw Materials Inventory, Dec 31 $40,000 . Work in Process Inventory, Dec 31 $100,000 Finished Goods Inventory, Dec 31 $130,000 a. Direct Materials Used b Factory Overhead c Cost of Goods Manufactured d. Cost of Goods Sold Part B: Gotta Have It estimated this year's overhead at $200,000 and direct labor at $125,000. Actuel overhead for the year was $225,000 and actual direct labor was $135,000. Determine the amount of over- or under-applied overhead by (show all work on scrap paper): 1. Calculating the Predetermined Overhead Rate (POHR) 2. Calculating the amount of applied overhead 3. Calculating the difference in applied and actual overheadl 4 Is this OVER or UNDER applied