Thomton Manufacturing started in Year 2 with the following account balances. Transactions during Year 2 1. Purchased $2,930 of raw materials with cash. 2. Transferred $3,840 of taw materials to the production department. 3. Incurred and paid cash for 210 hours of direct labor 9$15,80 per hour. 4. Applied overhead costs to the Work in Process inventory account. The predetermined overhead rate is $16.40 per difect labor hour. 3. Incurred actual overhead costs of $3,600 cash. 5. Completed work on 1,230 units for $5.70 per unit. 7. Paid $1,140 in selling and administrative expenses in cash. 3. Sold 1,230 units for $10,000 cash revenue (assume FiFO cost flow). 9. Thornton charges overapplied or underapplled overhead directly to Cost of Goods Sold