Vaughn Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team's

uniform is unique in color and design, Vaughn uses a job order costing system. On January $1,$ the T$-$accounts for some of Vaughn's

primary balance sheet accounts were as follows: During the year, the following events occurred:

Vaughn purchased raw materials costing $$116,000$ on account.

Vaughn used $$149,300$ of raw materials in production. Of these, $80\%$ were classified as direct materials and $20\%$ as indirect

materials. $($Vaughn maintains a single Raw Materials Inventory account.$)$

Vaughn used $31,100$ hours of direct labor. The company's average direct labor rate was $$11$ per hour $($credit Wages Payable$).$

The company's indirect labor cost was $$168,000($credit Wages Payable$).$

Other manufacturing overhead costs the company incurred on account totaled $$97,400.$

Vaughn applied $$316,800$ in manufacturing overhead.

The company completed production of goods costing $$795,400.$

The company's Cost of Goods Sold balance was $$801,300$ before adjusting for over$-$ or underapplied overhead.

Sales revenue was $$1,040,000($all sales were made on account$).$

Vaughn collected $$803,200$ from customers.

The company paid accounts payable of $$201,300.$

At year$-$end, all wages earned during the year had been paid.Record the transactions above in the appropriate T$-$accounts and calculate ending balances. $($Post entries in order presented in the

problem.$)$

Raw Materials Inventory

Work in Process InventoryFinished Goods Inventory

Cost of Goods Sold

Manufacturing OverheadCash

Accounts ReceivableAccounts Payable

Wages Payable

Sales Revenue