The following T-accounts represent November activity. Materials Inventory EB (11/30) 56,100 Work-In-Process Inventory BB (11/1) 32,000 Dir.Materials 86,700 Finished Goods Inventory Cost of Goods Sold ED (11/30) 101,000 Manufacturing Overhead Control. Applied Manufacturing Overhead 267,000 Wages Payable Payable Sales Revenue 806,000 Additional Data Materials of $114,300 were purchased during the month, and the balance in the Materials Inventory account increased by $10,900. Overhead is applied at the rate of 150 percent of direct labor cost. Sales are billed at 200 percent of cost of goods sold before the over- or underapplied overhead is prorated. The balance in the Finished Goods Inventory account decreased by $29,400 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 $50,340. Overhead was underapplied by $25,280. Overhead other than indirect labor, indirect materials, and depreciation was $198,240, 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, 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. k Beg. Bal. (11/1) Purchases End. Bal. (11/30) Beg. Bal. (11/1) Bal End. Bal. (11/30) Beg. Bal. (11/1) Indirect materials End. Bal. (11/30) Beg. Bal. (11/1) Materials Inventory 56,100 Finished Goods inventory 101,000 101,000 Manufacturing Overhead Control Wages Payable 86,700 Direct materials Indirect materials Direct labor Beg. Bal. (11/1) Direct materials Direct labor Overhead applied Bal End. Bal. (11/30) Beg. Bal. (11/1) End. Bal. (11/30) Beg. Bal. (11/1) End. Bal. (11/30) Beg. Bal (11/1) Work-in-Process Inventory. 32,000 86,700 118,700 118,700 Cost of Goods Sold Applied Manufacturing Overhead 267,000 267,000 Sales Revenue 806,000 Beg. Bal. (11/1) End. Bal. (11/30) Wages Payable Direct labor Beg. Bal. (11/1) End. Bal. (11/30) Sales Revenue 806,000 806,000