1.

Weldin Inc. has provided the following data for the month of October. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work in Process		Finished Goods		Cost of Goods Sold		Total
Direct materials	$	7,590	$	19,800	$	35,240	$	62,630
Direct labor		8,810		24,700		44,200		77,710
Manufacturing overhead		12,000		18,600		29,400		60,000
Total	$	28,400	$	63,100	$	108,840	$	200,340

Manufacturing overhead for the month was underapplied by $3,400.

The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

Required:

Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, and cost of goods sold. (Omit the "$" sign in your response.)

General Journal

Debit Credit

Evener Inc. has provided the following data for the month of July. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work in Process		Finished Goods		Cost of Goods Sold			Total
Direct materials	$	3,900	$	11,900	$	51,600	$	67,400
Direct labor		3,400		14,300		66,400		84,100
Manufacturing overhead		5,720		8,840		37,440		52,000
Total	$	13,020	$	35,040	$	155,440	$	203,500

Manufacturing overhead for the month was overapplied by $6,400.

The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

Required:

Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period. (Round your intermediate calculations to nearest whole number. Omit the "$" sign in your response.)

	Cost
Work in process	$
Finished goods
Cost of goods sold
Total	$