Dessert Delite Company produces frozen microwavable desserts. The following accounts appeared in the ledger as of December 31.

Additional information:

a. Accounts payable is used only for direct-material purchases.

b. Underapplied overhead of $3,500 for the year has not yet been closed into cost of goods sold.

Required:

Complete the below T-accounts.

Raw Material:

Bal. 1/1	29,400
	?	?
Bal. 12/31	50,400

Work-in-Progress Inventory:

Bal. 1/1	23,800
Direct material	?	?
Direct labor	?
Manufacturing overhead	?
Bal. 12/31	26,600

Manufacturing Overhead

	?	?
	0

Wages Payable

Bal. 1/1		2,800
	205,800	?
Bal. 12/31		7,000

Accounts Receivable

Bal. 1/1	15,400
	?	1,128,400
Bal. 12/31	21,000

Accounts Payable

Bal. 1/1		2,500
	191,100	?
Bal. 12/31		1,400

Finished-Goods Inventory

Bal. 1/1	16,800
	?	?
Bal. 12/31	28,000

Cost of Goods Sold

	994,000

Sales Revenue

		0