Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials $ 50,000 25,400 75,400 10,420 Total materials used $ 85,820 c. Time tickets show the following labor used for the month. Job 201 Job 202 Total direct labor. Indirect labor Total labor used $ 41,000 14,400 55,400 26,000 $ 81,400 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. (1) Sold Job 201 for $169,160 on credit. (2) Record cost of goods sold for Job 201. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 33,800 680 980 4,800 $ 40,260 Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance. Raw Materials Inventory Beginning Balance 0 Ending balance Work in Process Inventory Beginning Balance 0 Ending balance Beginning Balance Factory Overhead 0 Finished Goods Inventory Beginning Balance 0 Ending balance Beginning Balance: Cost of Goods Sold 0 Ending balance 0 Ending balance 0