During the month of August, Star Plastics applied overhead to jobs using an overhead rate of $4 per dollar of direct labor. Direct labor in August was $75,000. Actual overhead in August was $250,000. Assume that actual overhead was composed of the following items:

Required
a. Prepare a journal entry to record overhead applied to jobs.
b. Prepare a journal entry to record actual overhead.

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Indirect materials $ 35,000 Indirect labor 75,000 Utilities 20,000 Depreciation 80,000 Repair expense 40,000 Total $250,000