Telstar uses job order costing. The T-accounts below summarize its production activity for the year. Raw Materials Inventory Debit Credit 45,700 24,950 8,700 Factory Wages Payable Debit Credit 126,700 86,450 40,950 Credit Finished Goods Inventory Debit Credit 171,020 153,990 Work in Process Inventory Debit 24,950 171,020 86,450 103,384 1. Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold (before closing over- or underapplied overhead) 2. Compute the amount that overhead is overapplied or underapplied. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount for each of the following. a. Direct materials used b. Indirect materials used c. Direct labor used d. Indirect labor used e. Cost of goods manufactured f. Cost of goods sold (before closing over- or underapplied overhead) Factory Overhead Debit Credit 8,700 103,384 40,950 62,070 Compute the amount that overhead is overapplied or underapplied