Help SOVULUI Saved CE Exercise 9.48 (Static) Activity-Based Costing: Cost Flows through T-Accounts (LO 9-5, 7) Southwest Components recently switched to activity-based costing from the department allocation method. The Fabrication Department manager has estimated the following cost drivers and rates: Activity Centers Materials handling Quality inspections Machine setups Running machines Coat Drivers Pounds of material handled Number of inspections Number of machine setups Sumber of machine-hours Rate per Cost Driver Unit $ 36 per pound 5450 per inspection $5,400 per setup $ 45 per hour Direct materials costs were $600,000 and direct labor costs were $300.000 during July, when the Fabrication Department handled 3.000 pounds of materials, made 500 inspections, had 25 setups, and ran the machines for 10,000 hours. Required: Use T-accounts to show the flow of materials, labor, and overhead costs from the four overhead activity centers through Work-in- Process Inventory and out to Finished Goods Inventory Materials inventory Wages Payable 0 Beg bal End bol Overhead Applied: Material Handling Overhead Applied: Quality Inspections Required: Use T-accounts to show the flow of materials, labor, and overhead costs from the four overhead activity centers through Work-in- Process Inventory and out to Finished Goods Inventory Materials Inventory Wages Payable Beg bal End. Overhead Applied: Material Handling Overhead Applied: Quality Inspections Beg bal Beg bal. Metin process Ens bal End, bal. Overhead Applied: Machine Setups Overhead Applied Running Machines Work in process work in pro Endal Work in Process (WP) Inventory Fabrication Department Finished Goods Inventory Beg bal