Southwest Components recently switched to activity-based costing from the department allocation method. The Fabrication Department manager has estimated the following cost drivers and rates: Activity Centers Materials handling Quality inspections Machine setups Running machines Cost Drivers Pounds of material handled Number of inspections Number of machine setups Number of machine-hours $ Rate per Cost Driver Unit 36 per pound $ 450 per inspection $5,400 per setup $ 45 per hour Direct materials costs were $600,000 and direct labor costs were $300,000 during July, when the Fabrication Department handled 3,000 pounds of materials, made 500 inspections, had 25 setups, and ran the machines for 10,000 hours. Required: Use T-accounts to show the flow of materials, labor, and overhead costs from the four overhead activity centers through Work-in- Process Inventory and out to Finished Goods Inventory. Beg. bal. Materials Inventory End. bal. Overhead Applied: Materials Handli Beg. bal. End. bal. Overhead Applied: Machine Setups Beg. bal End. bal. Direct labor Direct materials Finished goods inventory Machine setup OH Beg. bal. End. bal. Wages Payable Manufacturing OH Material handling OH Quality inspections OH Overhead Applied: Quality Inspectio Beg. bal. Running machines OH Work in process End. bal. Beg. bal. End. bal. Overhead Applied: Running Machines Beg. bal Work in Process (WIP) Inventory Fabrication Department End. bal. 0 0 Beg. bal End. bal. Finished Goods Inventory