Answer is not complete. Beginning Balance Raw Materials Inventory 0 100,600 82.220 X b. Beginning Balance b. a. Work in Process Inventory 0 73,000 127,640 e. 53,000 58,400 C. d. Ending balance 18,380 Ending balance 56,760 Beginning Balance Beginning Balance b. Factory Overhead 0 9,220 24,800 37,620 Finished Goods Inventory 0 127,640 127,640 f. 58,400 d. e. C. ooo OOO 9 Ending balance 0 Ending balance 13,240 Beginning Balance f. Cost of Goods Sold 0 127,640 Ending balance 127,640 Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,600 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 48,800 24,200 73,000 9,220 $ 82,220 c. Time tickets show the following labor used for the month. Job 201 Job 202 Total direct labor Indirect labor Total labor used $ 39,800 13,200 53,000 24,800 $ 77,800 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. (1) Sold Job 201 for $165,560 on credit. (2) Record cost of goods sold for Job 201. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,600 560 860 3,600 $ 37,620 Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance