The following T-accounts represent inventory costs as of December 31, 2012:

1. Determine the direct labor costs for 2012.
2. Determine the cost of goods manufactured for 2012.
3. Determine the cost of goods sold for 2012.
4. Compute over- or under-applied manufacturing overhead for 2012.
5. Determine actual indirect manufacturing costs for2012.

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Raw Materials Inventory Finished Goods Inventory 200,000 Bal. 12/31/11 39,500 Bal. 12/31/11 70,000 336,500 175,000 350,000 Bal. 12/31/12 45,000 Bal. 12/31/12 53,000 Manufacturing Overhead Work-in-Process Inventory Bal. 12/31/11 12,500 24,500 124,500 350,000 200,000 26,000 30,000 124,500 36,000 86,000 Bal. 12/31/12 73,000