The Almost costing system: Goodenough Co. has provided the following data for August using a job order Raw materials, beginning balance $14,000 - work in process, beginning balance. $38,000 Finished Goods, beginning balance... 343,000 ) Raw materials parehase.tar..ca $80,000 $79,000 $61,000 (2) Raw materials used in production (all direct materials). (3) Direct labor.... Ca (4) Manufscturing overhead costs Incurred nsBes $74,000 $84,000 (5) Manufacturing overhead applied (6) Cost ofunits completed and transferred from Work in Process to Finished Goods $236,000 () Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold (8) Finished goods are sold..n...ma $251,000 Required: Prepare T-accounts for Raw Materials, Work in Process, Finished Goods, and Manufacturing Overhead, and Cost of Goods Sold. Record the beginning balances and each of the transactions listed above. Determine the ending balances in those accounts. Journalize the transactions above assuming all payments and receipts are for cash. Total sales for the period were $625,000