Walton Manufacturing recorded the following amounts in its inventory accounts in 2018:

Required

Complete the T-accounts by filling in the missing amounts. Assume that underapplied and overapplied overhead is closed to Cost of Goods Sold.

Work in Process Inventory Raw Materials Inventory 31,500 24,400 8,300 7,100 16,100 13,400 Finished Goods Inventory Cost of Goods Sold 8,300 |adj. 1,800 Manufacturing Overhead 13,400 2,100 adj 0