The following T-accounts represent November activity. Materials Inventory EB (11/30) 55,800 Work-In-Process Inventory BB (11/1) 32,800 Dir. Materials 86,300 Manufacturing Overhead Control Finished Goods Inventory EB (11/30) 101,000 Applied Manufacturing Overhead 268,500 Cost of Goods Sold Wages Payable Sales Revenue 686,800 Additional Data Materials of $115,000 were purchased during the month, and the balance in the Materials Inventory account increased by $10,800. Overhead is applied at the rate of 150 percent of direct labor cost. Sales are billed at 170 percent of cost of goods sold before the over- or underapplied overhead is prorated. The balance in the Finished Goods Inventory account decreased by $29,100 during the month before any proration of under- or overapplied overhead. Total credits to the Wages Payable account amounted to $204,000 for direct and indirect labor. Factory depreciation totaled $52,290. Overhead was underapplied by $25,920. Overhead other than indirect labor, indirect materials, and depreciation was $199,230, which required payment in cash. Underapplied overhead is to be allocated. The company has decided to allocate 20 percent of underapplied overhead to Work-in-Process Inventory, 20 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. Materials Inventory Beg. Bal. (11/1) Purchases Work-in-Process Inventory 32,800 86,300 Direct materials Indirect materials Beg. Bal. (11/1) Direct materials Direct labor Overhead applied Bal. End. Bal. (11/30) 55,800 119,100 End. Bal. (11/30) 119,100 Finished Goods Inventory Cost of Goods Sold Beg. Bal. (11/1) Beg. Bal. (11/1) Bal. 101,000 End. Bal. (11/30) 101,000 End. Bal. (11/30) Manufacturing Overhead Control Applied Manufacturing Overhead 268,500 Beg. Bal. (11/1) Beg. Bal. (11/1) Indirect materials End. Bal. (11/30) 268,500 End. Bal. (11/30) Wages Payable Sales Revenue Beg. Bal. (11/1) Beg. Bal. (11/1) 686,800 Direct labor End. Bal. (11/30) 686,800 End. Bal. (11/30)