at Tools Add-ons Help All changes saved in Drive mal text - Times New... 12-BIVA L . IEEE.EE 45 1) Prahm Inc. has provided the following data for August: 19,000 Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance 33,000 52,067 67,000 Raw materials purchased Raw materials used in production (all direct materials) Direct labor Manufacturing overhead costs incurred Manufacturing overhead applied Cost of units completed and transferred from Work in Process to Finished Goods Any overapplied or underapplied manufacturing overhead is 78,000 77,000 64,000 71,000 255,000 Indent: MacBook Pro W Tools Add-ons Help All changes saved in Drive text - Times New. - 12 - BIUA CEL-E 1E E E . Finished Goods, beginning balance 52,064 $ 67,000 Raw materials purchased Raw materials used in production (all direct materials) Direct labor (2) $ 78,000 77,000 64,000 71,000 Manufacturing overhead costs incurred Manufacturing overhead applied Cost of units completed and transferred from Work in Process to Finished Goods Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold Finished goods are sold 255,000 (8) $ 294,000 Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above. MacBook Pro