please show the calculation step by step it is important.

2 1. Answer the following questions by analysing the T-accounts given below. (55 points) Materials Inventory Work in Process Inventory Beg. balance $ 18,000 Beg, balance $ 20,000 Ending balance $ 14,000 Ending balance $ 25.000 360,000 230,000 -400,000 Direct Labor $225,000 $230,000 Ending balance 55.000 Finished Goods Inventory Beg, balance $ 98,000 Ending balance $110.000 Cost of Goods Sold Manufacturing Overhead S400.000 3400,000 Points will be given ONLY if you show ALL computations a) Purchases of direct material b) The cost of direct material used c) Why does direct labor account has a credit balance of $5000? Explain d) Direct labor costs assigned to production e) The overhead as a percentage of direct labor costs f) Total manufacturing costs charged to the Work in Process Inventory account during the current year 8) The cost of finished goods manufactured h) The year-end balance in the Work in Process Inventory account i) The cost of goods sold i) The total amount of inventory listed in the hear-end balance sheet 3 k) Manufacturing overhead assigned to production