The following T$-$accounts represent September activity for Kelly Tools:

Materials Inventory

Debit Credit

Ending Balance $(9/30)40,900$

Work$-$in$-$Process Inventory

Debit Credit

Beginning Balance $(9/1)23,900$

Direct Labor $119,800$

Finished Goods Inventory

Debit Credit

Ending Balance $(9/30)69,500$

Cost of Goods Sold

Debit Credit

Manufacturing Overhead Applied

Debit Credit

$131,460$

Manufacturing Overhead Control

Debit Credit

Wages Payable

Debit Credit

Sales Revenue

Debit Credit

$511,000$

Additional Data

Sales are billed at $175$ percent of Cost of Goods Sold before the over$-$ or underapplied overhead is prorated.

Materials of $$80,100$ were purchased during the month, and the balance in the Materials Inventory account increased by $$7,500$

Overhead is applied at the rate of $210$ percent of direct materials cost.

The balance in the Finished Goods Inventory account decreased by $$22,400$ during the month before any proration of under$-$ or overapplied overhead.

Total credits to the Wages Payable account amounted to $$138,000$ for direct and indirect labor.

Factory depreciation totaled $$35,400.$

Overhead was overapplied by $$19,000.$ Overhead other than indirect labor, indirect materials, and depreciation incurred was $$57,550,$ which required payment in cash. Overapplied overhead is to be allocated.

The company has decided to allocate $12$ percent of overapplied overhead to Work$-$in$-$Process Inventory, $23$ percent to Finished Goods Inventory, and the balance to Cost of Goods Sold. Balances shown in T$-$accounts are before any allocation.

Required:

Complete the T$-$accounts. Not all amount fields to be populated have accompanying descriptions.