Prepared T- accounts for overhead control, work in process finished goods and costs of goods sold

Kapoor Company uses job-order costing. During January, the following transactions were reported: Materials purchased on account: direct materials, R98 500; indirect material, R14 800 Material issued: direct materials, R82 500; indirect materials, R8 800 Labour cost incurred: direct labour, R67 000; indirect labour, R18 750 Other manufacturing costs incurred (all payables), R46 200 Overhead is applied on the basis of 110 percent of direct labour costs Work finished and transferred to Finished Goods Inventory cost R230 000 Finished goods costing R215 000 were sold on account for 140 percent of cost Any over- or under-applied overhead is closed off to Cost of Goods Sold. Note: WIP Inventory had a balance of R10 000 at the beginning of January Kapoor Company uses control accounts for materials and overhead. Required: 1.1. Prepare the following T-accc record the transactions and bala accounts where necessary