PLEASE USE A T ACCOUNT, DO NOT USE ANY OTHER FORMAT. PLEASE EXPLAIN HOW YOU GOT THE ANSWER

We . According to the data Angoor practive problem it material inventory: Beginning Balance purchases direct material lyed Indirect material wed 45,000 550,000 315.000 75,800 VOT! 204, 200 hance ending balance 1,760,000 475,000 1,285,000 Hoges payable Total factooy payooll Direct labor Indirect labor factory overhead :- factory overhead is applied boyed on direct labowcosts estimated factory overhead estimated direct labor actual other factory overhead. actual indirect materials cyed Work in process inventory 1,550,000 500,000 12, 600 75,800 Beginning balance Direct materials 30,000 315.000 ZOOM + ** Chapter 16: Practice Problem #1 Directions: Arrange the below accounts in the cost flow order, and determine the unknown numbers and the ending balances for each account. Close the overapplied or underapplied Factory Overhead to Cost of Goods Sold Finished Goods Inventory Beginning Balance Transferred In Transferred Out Ending Balance 95.000 Unknown 1.325.000 Unknown Materials Inventory Beginning Balance Purchases Direct materials used Indirect materials used Ending Balance 45 000 Unknown Unknown Unknown 204, 200 Wages Payable Total Factory Peyroll Direct Labor Indirect Labor 1.760.000 475 000 Unknown Work in Process Inventory Beginning Balance Direct Materials Direct Labor Factory Overhead Transferred Out Ending Balance 30 000 315.000 Unknown Unknown 2.200.000 Unknown Factory Overhead Factory Overhead is applied based on direct labor costs. Estimated factory overhead 1.650.000 Estimated direct labor costs 500 000 Actual Other Factory Overhead 12.600 Actual Indirect Materials Used 75.800 Cost of Goods Sold Beginning Balance Transferred In Ending Balance 318.500 Unknown Unknown