The following Information is available for a custom manufacturer. Inventories Raw materials, beginning work in process, beginning Finished goods, beginning Cost of goods manufactured Cost of goods sold (not considering over- or $ 38,900 13,300 9,650 96,190 Costs incurred for the period Raw materials purchases Direct materials used Direct labor used Factory overhead (actual) Indirect materials used underapplied overhead) 84,100 Sales 100,900 Indirect labor used Predetermined overhead rate based on direct materials other overhead costs used 80% 1. Complete the T-accounts for each of the three Inventory accounts using the data provided in the above table. 2. Compute overapplied or underapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the T-accounts for each of the three inventory accounts using the data provided in the above table. Raw Materials Inventory Finished Goods Inventory Compute overapplied or underapplied overhead. Overapplied overhead Work in Process Inventory 0 $ 19,360 45,050 23,700 10,200 17,300 5,200