Marigold Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team's uniform is unique in color and design, Marigold uses a job order costing system. On January 1, the T-accounts for some of Marigold's primary balance sheet accounts were as follows: Raw Materials Inventory Work in Process Inventory Beg. 13,700 Beg. 31,600 Finished Goods Inventory Cash Beg. 29,100 Beg. 45,800 Accounts Receivable Accounts Payable Beg. 57,800 Beg. 40,800 During the year, the following events occurred: During the year, the following events occurred: 1. Marigold purchased raw materials costing $86,100 on account. 2. Marigold used $93,000 of raw materials in production. Of these, 70% were classified as direct materials and 30% as indirect materials. (Marigold maintains a single Raw Materials Inventory account.) 3. Marigold used 34,600 hours of direct labor. The company's average direct labor rate was $8 per hour (credit Wages Payable). 4. The company's only indirect labor cost was the salary of a security guard hired to watch the company's shop after hours. The guard's annual salary was $28,300 (credit Wages Payable). 5. Other manufacturing overhead costs the company incurred on account totaled $69,400. 6. Marigold applied $135,000 in manufacturing overhead. 7. The company completed production of goods costing $329,000. 8. The company's Cost of Goods Sold balance was $303,750 before adjusting for over- or underapplied overhead. 9. Sales revenue was $427,000 (all sales were made on account). 10. Marigold collected $408,000 from customers. 11. The company paid accounts payable of $102,000. 12. At year-end, all wages earned during the year had been paid. Record the transactions above in the appropriate T-accounts and calculate ending balances. (Post entries in order presented in the problem.) Raw Materials Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Manufacturing Overhead Wages Payable Sales Revenue