Perfecto Pizza Company produces microwavable pizzas. The following accounts appeared in Perfecto's ledger as of December 31. Additional information: a. Accounts payable is used only for direct-material purchases. b. Underapplied overhead of $2,600 for the year has not yet been closed into cost of goods sold. Required: Complete the following T-accounts. Answer is complete but not entirely correct. Bal. 1/1 Raw Material Inventory 21,000 134,900 X 120,200 X 36,000 Accounts Payable 2,500 Bal. 1/1 136,500 134,900 X Bal. 1,000 12/31 Bal. 12/31 Finished-Goods Inventory 12,000 Bal. 1/1 Bal. 1/1 Work-in-Process Inventory 17,000 120,200 X 718,200 X 150,000 718,200 X 710,200 X Bal 12/31 20,000 Direct material Direct labor Manufacturing overhead Bal. 12/31 450,000 X 19,000 Cost of Goods Sold Manufacturing Overhead 452,600 X 450,000 X 710.100 2,600 710,100 Sales Revenue 809,800 X Bal. 1/1 Wages Payable 2,000 147,000 150,000 5,000 Bal. 12/31 809,800 Bal. 1/1 Accounts Receivable 11,100 809,800 x 806,000 15,000 Bal. 12/31