"his is not a valid formula.This is not a valid formula. This is not a valid formula Required: Enter a valid formula to compute the amount for each of the following. Direct materials used Indirect materials used Direct labor used Indirect labor used Cost of goods manufactured Cost of goods sold (before closing over-or underapplied overhead) Actual overhead incurred Overhead applied The amount of over-or underapplied overhead Use dropdown button to indicate whether overhead is over- or underapplied. Cost of goods sold (after closing over-or underapplied overhead)