Eppich Corporation has provided the following data for the most recent month:

Raw materials, beginning balance$16,000

Work in process, beginning balance$31,000

Finished Goods, beginning balance$49,000

Transactions:

(1) Raw materials purchases $80,000

(2)Raw materials used in production (all direct materials) $77,000

3) Direct labor $51,000

(4) Manufacturing overhead costs incurred $88,000

(5) Manufacturing overhead applied $71,000

(6) Cost of units completed and transferred from Work in Process to Finished Goods $190,000

(7) Any over applied or under applied manufacturing overhead is closed to Cost of Goods Sold?

(8) Finished goods are sold $219,000

Required: Prepare journal entries for the transactions above (For simplicity, assume all costs are paid in cash).

Post entries to the following T-accounts by recording the beginning balances and each of the transactions listed above. Cash, Raw materials, Work-in-Process, Finished Goods, Manufacturing Overhead, Cost of goods sold.Determine the ending balances for all non-cash accounts.