Eppich Corporation has provided the following data for the most recent month: Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance $18,500 $32,000 $50,000 Transactions: (1) Raw materials purchases $ 79,500 Raw materials used in production (all direct $ 77,500 17 materials) (3) Direct labor $ 52,000 (4) Manufacturing overhead costs incurred $ 98,500 (5) Manufacturing overhead applied $ 72,000 (6) Cost of units completed and transferred from Work in $190, Process to Finished Goods (7) Any overapplied or underapplied manufacturing overhead is closed to cost of Goods Sold (8) Finished goods are sold $220, 500 Required: Complete the following T-accounts by recording the beginning balances and each of the to Raw Materials Work in Pro Beg Bal. Beg Bal arch