Required information [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $102,000 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 $ 50, 200 Job 202 25, 600 Total direct materials 75, 900 Indirect materials 10, 620 Total materials used $ 86, 420 c. Time tickets show the following labor used for the month. Job 201 $ 41, 200 Job 202 14, 600 Total direct labor 55, 800 Indirect labor 26, 200 Total labor used $ 82, 000 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory f. Sold Job 201 for $169,760 on credit. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment $ 34,000 Rent on factory building (payable) 700 Factory utilities (payable) 1,000 Expired factory insurance 5.000 Total other factory overhead costs $ 40, 700Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance, Raw Materials Inventory Work in Process Inventory Beginning Balance 0 Beginning Balance 102.000 86.420 86.420 Ending balance 15,580 Ending balance 86.420 Factory Overhead Finished Goods Inventory Beginning Balance Beginning Balance Ending balance Ending balance Cost of Goods Sold Beginning Balance Ending balance