The following T-accounts represent November activity.

Materials Inventory
EB (11/30)	55,500

Work-In-Process Inventory
BB (11/1)	33,500
Dir.Materials	86,500

Finished Goods Inventory
EB (11/30)	98,000

Cost of Goods Sold

Manufacturing Overhead Control

Applied Manufacturing Overhead
		271,500

Wages Payable

Sales Revenue
		763,800

Additional Data

• Materials of $113,200 were purchased during the month, and the balance in the Materials Inventory account increased by $11,300.
• Overhead is applied at the rate of 150 percent of direct labor cost.
• Sales are billed at 190 percent of cost of goods sold before the over- or underapplied overhead is prorated.
• The balance in the Finished Goods Inventory account decreased by $27,800 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 $62,030.
• Overhead was underapplied by $25,920. Overhead other than indirect labor, indirect materials, and depreciation was $195,990, 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.