n.9 Homework i 6 6.7 boints eBook Saved Southwest Components recently switched to activity-based costing from the department allocation method. The Fabrication Department manager has estimated the following cost drivers and rates Activity Centers Materials handling Quality inspections Machine setups Running machines Cost Drivers Pounds of material handled Number of inspections Number of machine setups Number of machine-hours Rate per Cost Driver Unit $17 per pound $ 210 per inspection $3,000 per setup $21.00 per hour Direct materials costs were $290,000 and direct labor costs were $132,000 during July, when the Fabrication Department handled 3.900 pounds of materials, made 790 inspections, had 40 setups, and ran the machines for 17,000 hours. Required: Use T-accounts to show the flow of materials, labor, and overhead costs from the four overhead activity centers through Work-in- Process Inventory and out to Finished Goods Inventory. Beg bal Materials Inventory Beg bal Wages Payabl End bal End bal Overhead Applied: Materials Handling Overhead Applied: Quality Beg bal Beg bat End bal End bal Overhead Applied: Machine Setups Beg bal Overhead Applient: Running Beg bal End bal End bal Work in Process (WIP) Inventory Fabrication Department Finished Goods set