HANDOUT 3-FLOW OF COSTS REQUIRED: Record the transactions listed above in the T-Accourts on the next page: YOU ARE REQUIRED TO LABEL YOUR TRANSACIONS WTH THE ASSOCIATEO LETTER IN THE TABL ABOVE - FALURE TO DO SO WIL RESULT NN NO POUTS BEING AWARED. BALANCE SHEET INCOME STATEMENT Raw Materials Inventory 30.000 Sales Reverive Accumulabd Dopreciason Wages Payable Work in Process (WP) Finished Goods Cost of Goods sold Inventory Expense 48,000 17,000 Manufacturing Overhead