[The following information applies to the questions displayed below.] Information on Kwon Manufacturings activities for its first month of operations follows:

1. Purchased $101,600 of raw materials on credit.
2. Materials requisitions show the following materials used for the month.

Job 201	$ 49,800
Job 202	25,200
Total direct materials	75,000
Indirect materials	10,220
Total materials used	$ 85,220

3. Time tickets show the following labor used for the month.

Job 201	$ 40,800
Job 202	14,200
Total direct labor	55,000
Indirect labor	25,800
Total labor used	$ 80,800

4. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost.
5. Transferred Job 201 to Finished Goods Inventory.
6. (1) Sold Job 201 for $168,560 on credit. (2) Record cost of goods sold for Job 201.
7. Incurred the following actual other overhead costs for the month.

Depreciation of factory equipment	$ 33,600
Rent on factory building (payable)	660
Factory utilities (payable)	960
Expired factory insurance	4,600
Total other factory overhead costs	$ 39,820

4 Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance. Part 3 of 3 Raw Materials Inventory 0 101.600 Work in Process Inventory Beginning Balance a. b. Beginning Balance b d. 3 points Ending balance 101,600 eBook Ending balance Print References Finished Goods Inventory 0 Factory Overhead 0 10,220 25,800 Beginning Balance b. c. Beginning Balance g. 39,820 Ending balance Ending balance 75,840 Cost of Goods Sold Beginning Balance