The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year Manufacturing Overhead Work in Process 373,000 432,000Bal. 104,300(c) 781,200 209,900 Bal 59,000 114,400 432,000 Bal. 79,400 Finished Goods Cost of Goods Sold Bal 161,000 781,200 844,200 (d) 844,200 Bal. 98,000 The overhead that had been applied to production during the year is distributed among the ending balances in the accounts as follows Work in process, ending Finished goods, ending Cost of goods Sold 56,160 112.320 263,520 Overhead applied $ 432.000 For example, of the $79,400 ending balance in work in process, $56 160 was overhead that had been applied during the year