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Uli Company produces custom windows to specifications provided by architects. At the end of its accounting period, its account balances indicated the following: Raw Materials

Uli Company produces custom windows to specifications provided by architects. At the end of its accounting period, its account balances indicated the following:

Raw Materials Inventory$88,000

Work in Process Inventory84,000

Finished Goods Inventory63,000

Cost of Goods Sold553,000

Manufacturing Overhead (credit balance)44,000

Determine the adjusted balances of the accounts if the balance in Manufacturing Overhead is considered material in amount.

Raw Material Inventory = ?

Work in Processionals Inventory = ?

Finished Goods Inventory = ?

Cost of Goods Sold = ?

Can you please show your work?

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