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Telstar uses job order costing. The T-accounts below summarize its production activity for the year. Raw Materials Inventory Debit 45,900 Credit 25,150 8,900 Factory

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Telstar uses job order costing. The T-accounts below summarize its production activity for the year. Raw Materials Inventory Debit 45,900 Credit 25,150 8,900 Factory Wages Payable Debit 126,900 Credit 86,650 41,150 Work in Process Inventory Debit Credit Debit 25,150 171,220 86,650 Finished Goods Inventory Credit 171,220 154,190 103,584 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. Factory Overhead - Debit Credit 8,900 103,584 41,150 62,270 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) Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount that overhead is overapplied or underapplied. < Required 1 Required 2 >

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