Product Cost Flows Complete the following T-accounts: Hint: The first debit entry in the Manufacturing Overhead T-account relates to indirect materials. Materials Inventory Wages Payable Work in Process 90,000 Inventory 120,000 12,000 119,400 1,800 192,000 30,000 Cost of Goods Sold Finished Goods Inventory 30,000 Manufactured Overhead 1,800 395,400 18,000 162,000 23,400 0