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 480,000 (b) 80,000 (a) Bal. 400,000 660,000 Bal. Work in Process 6,000 330,000 54,000 400,000 130,000 (b) Bal. 390,000 Bal. (c) Bal. Finished Goods 60,000 (d) 660,000 330,000 Cost of Goods Sold 390,000 (d) The overhead that was applied to work in process during the year is distributed among the ending balances in the accounts as follows: Work in process, ending Finished goods, ending $ 52,000 160,000 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 480,000 (b) 80,000 (a) Bal. 400,000 660,000 Bal. Work in Process 6,000 330,000 54,000 400,000 130,000 (b) Bal. 390,000 Bal. (c) Bal. Finished Goods 60,000 (d) 660,000 330,000 Cost of Goods Sold 390,000 (d) The overhead that was applied to work in process during the year is distributed among the ending balances in the accounts as follows: Work in process, ending Finished goods, ending $ 52,000 160,000