Time Remaining 38 minutes 48 seconds00:38:48 Item 2 Time Remaining 38 minutes 48 seconds00:38:48 Eppich Corporation has provided the following data for the most recent month: Raw materials, beginning balance $ 17,000 Work in process, beginning balance $ 31,400 Finished Goods, beginning balance $ 49,400 Transactions: (1) Raw materials purchases $ 79,800 (2) Raw materials used in production (all direct materials) $ 77,200 (3) Direct labor $ 51,400 (4) Manufacturing overhead costs incurred $ 89,000 (5) Manufacturing overhead applied $ 71,400 (6) Cost of units completed and transferred from Work in Process to Finished Goods $ 190,000 (7) Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold ? (8) Finished goods are sold $ 219,600 Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above