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 $22,000 $33,400 $51,400 Transactions: (1) Raw materials purchases (2) Raw materials used in production (all direct materials) (3) Direct labor (4) Manufacturing overhead costs incurred (5) Manufacturing overhead applied (6) Cont of units completed and transferred from Work in Process to Finished Goods (7) Any overapplied or underapplied manufacturing overhead in closed to Coat of Goods Sold (8) Pinished goods are sold $ 78, 800 $ 78,200 $ 53,400 $ 94,000 $ 73,400 $190,000 2 $222,600 Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above. Beg. Bal (1) (2) Raw Materials 22,000 78,800 78,200 Beg Bal. (2) |(3) |(5) (6) End. Bal Work in Process 33,400 78,200 53.400 73.400 190,000 48,400 End. Bal. 22,600 Manufacturing Overhead Finished Goods 51,400 Beg Bal. Bog. Bal HA 40 DA NA Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above. Beg. Bal. (1) (2) Raw Materials 22,000 78,800 78,200 Beg. Bal. |(2) (3) (5) (6) End. Bal. Work In Process 33,400 78,200 53,400 73,400 190,000 48,400 End. Bal. 22,600 Finished Goods Manufacturing Ovorhead Beg Bal (6) (8) 51,400 190,000 Beg. Bal (4) (5) 94,000 222,600 73,4001 End. Bal 18,800 End. Bal. 20,600 Cost of Goods Sold Beg Bal (8) 222,600 End. Bal. 222,600