-accounts. i More Info ht, then co Work-in-Process Inventory-Cutting ocess In Work-in-Process Balance, May 1 Direct Materials o(a) Transfer out to 0 54,000 54,000 Direct Labor 7,000 7,000 Manufacturing Overhead Balance, May 31 36.000 36,000 16,000 16,000 Balance, May 1 Transfer in from Direct Materials Work-in-Process Inventory-Finishing 12,000 90,000 Transfer out to (b) 27,000 Direct Labor Manufacturing Overhead Balance, May 31 (c) 22,000 62,000 Work-in-Process Inventory-Packaging 9,000 (d) Transfer out to Balance, May 1 nput fiel Print Done ccounts. More Info then co Work-in-Process Inventory-Packaging 9,000(d) Transfer out to Balance, May 1 Work-in-Process ocess In Transfer in from 0 Direct Materials (e) 10,000 4,000 54,000 7,000 36,000 16,000 Direct Labor Manufacturing Overhead Balance, May 31 11,000 4,000 Finished Goods Inventory Balance, May 1 olco Transfer out to Transfer in from (9) 10,000 Balance, May 31 Cost of Goods Sold Balance, May 1 0 Transfer in from (h) Balance, May 31 00 input fiel Print Done Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) Begin with the Work in Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations used: COGS - Cost of Goods Sold. FG. Finished Goods, WIP Work-in-Process) Work-in-Process Inventory-Cutting Balance, May 1 0 Transfer out to Direct Materials 54.000 Direct Labor 7,000 Manufacturing Overhead 36.000 Balance, May 31 16.000