Create T-Accounts for all entries and come to ending balances:

- Assume all overhead spending comes from cash.

- Remember that there is no beginning or ending inventory for WIP and FG.

You have a business manufacturing snarky hats for TicTok wannabes. You produce these hats in batches of 100. Each hat has the following manufacturing standards (i.e., budgets): There is no beginning or ending inventory for WIP and Finished Goods. You have sufficient beginning direct material inventory of material that you do not need to purchase any during the month. During March 2023 you made 11 batches of hats (100 hats in each batch) and spent/used/incurred the following: You have a business manufacturing snarky hats for TicTok wannabes. You produce these hats in batches of 100. Each hat has the following manufacturing standards (i.e., budgets): There is no beginning or ending inventory for WIP and Finished Goods. You have sufficient beginning direct material inventory of material that you do not need to purchase any during the month. During March 2023 you made 11 batches of hats (100 hats in each batch) and spent/used/incurred the following