TB Problem Qu. 3-242 Eppich Corporation has provided... Eppich Corporation has provided the following data for the most recent month Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance $26,000 $35,000 $53,000 Transactions: aterials purchases (1) Raw m (2) Raw materials used in production (all direct materials) (3) Direct labor (4) Manufacturing overhead costs incurred (5) Manufacturing overhead applied (6) Cost of units completed and transferred from Work in $78,000 $ 79,000 $55,000 $98,000 75,000 $190,000 Process to Finished Goods (7) Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold (8) Finished goods are sold $225,000