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18:02 Rieb Incorporated has provided the following data for the month of September. There were no beginning inventories; consequently, the direct materials, direct labor, and

18:02 Rieb Incorporated has provided the following data for the month of September. 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 Direct materials $ 3,780 Finished Goods $ 8,860 Direct labor 9,940 24,190 Manufacturing overhead applied 11,480 $44,530 Total 6,560 $20,280 Cost of Gooda Sold $ 47,300 130,120 63,960 $241,460 Total $60,020 164,250 82,000 $306,270 Manufacturing overhead for the month was overapplied by $7,500. 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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the journal entry to allocate the underapplied or overapplied overhead de and cost of goods sold. Help Save & Exit Submit 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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the journal entry to allocate the underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Record entry Clear entry

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