i More Info Work-in-Process Inventory-Cutting Transfer out to Balance, May 1 Direct Materials Direct Labor o(a) 50,000 5,000 34,000 9,000 Manufacturing Overhead Balance, May 31 Work-in-Process Inventory-Finishing 18,000 80,000 Transfer out to Balance, May 1 23,000 Transfer in from Direct Materials Direct Labor Manufacturing Overhead 19,000 70,000 Balance, May 31 Work-in-Process Inventory-Packaging 4,000 (a) Transfer out to Balance, May 1 Transfer in from Direct Materials Direct Labor Manufacturing Overhead Balance, May 31 6,000 6,000 10,000 6,000 Finished Goods Inventory Transfer out to Answer Balance, May 1 Transfer in from %E18-19 (similar to) Question Help Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations used: COGS - Cost of Goods Sold, FG Finished Goods, WIP = Work-in-Process) Balance, May 1 Direct Materials Direct Labor Manufacturing Overhead Balance, May 31 Work-in-Process Inventory-Cutting Transfer out to 50,000 5,000 34,000 9,000