The following T-accounts represent November activity. Materials Inventory EB (11/30) 56,400 Work-In-Process Inventory BB (11/1) 32,500 Dir.Materials 85,900 Cost of Goods Sold Finished Goods Inventory EB (11/30) 99,eee Manufacturing Overhead Control Wages Payable Applied Manufacturing Overhead 256,500 Sales Revenue 648,000 Additional Data Materials of $115,500 were purchased during the month, and the balance in the Materials Inventory account increased by $11.900. Overhead is applied at the rate of 150 percent of direct labor cost. Sales are billed at 160 percent of cost of goods sold before the over- or underapplied overhead is prorated. . The balance in the Finished Goods Inventory account decreased by $27,700 during the month before any proration of under-or overapplied overhead. Total credits to the Wages Payable account amounted to $205,000 for direct and indirect labor. Factory depreciation totaled $31.750. Overhead was underapplied by $24,280. Overhead other than indirect labor, indirect materials, and depreciation was $197,330, which required payment in cash. Underapplied overhead is to be allocated. . The company has decided to allocate 25 percent of underapplied overhead to Work-in-Process Inventory, 15 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 Bat (11/1) Purchases Work-in-Process Inventory 32,500 115,500 Direct materials Indirect materials Beg. Bal. (11/1) Direct materials Direct labor Overhead applied 85,900 FR anni