Facebook has provided the following data for the most recent month: Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance $17,000 $31,400 $49,400 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) Cost of units completed and transferred from Work in Process to Finished Goods (7) Any overapplied or underapplied manufacturing overhead is closed to cost of Goods Sold (8) Finished goods are sold $ 79,800 $ 77,200 $ 51,400 $ 89,000 $ 71,400 $190,000 ? $219,600 Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above. Beg. Bal. (1) Raw Materials 17.000 79.000 Beg. Bal. (2) Work in Process 31,400 77,200 77.200 (2) 18,800 End. Bal 108,600 End. Bal. Manufacturing Overhead Finished Goods 49.400 Beg. Bal. Beg. Bal. 49.400 End. Bal. 0 End. Bal. Cost of Goods Sold Beg. Bal. End. Bal