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underapplied overhead) The following information is available for a custom manufacturer Inventorles Raw materials, beginning Mork in process, beginning Finished goods, beginning Cost of

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underapplied overhead) The following information is available for a custom manufacturer Inventorles Raw materials, beginning Mork in process, beginning Finished goods, beginning Cost of goods manufactured Cost of goods sold (not considering over or 13,200 9,550 96,090 84,000 Sales 100,000 Predetermined overhead rate based on direct materials used 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. 10,300 17,300 3,100 $38,800 Costs incurred for the period Raw materials purchases Direct materials used Direct labor used Factory overhead (actual) Indirect materials used i Indirect labor used 5 19,260 44,85 23, Other overhead costs BOX

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