1a. Calculate the amount of over or underapplied overhead

1b. Prepare the journal entry to dispose the overhead balance assuming that it had been a year end blanace instead of month end

1c. Post the effect to a general ledger T-Account

d. Applied overhead to jobs based on the number of direct labor hours required: e. Recorded the following actual manufacturing costs: During January, the company had the following transactions: a. Purchased $10,000 worth of raw materials on account. b. Issued the following materials into production: c. Recorded salaries and wages payable as follows: f. Recorded the following general and administrative costs: g. Sold job 101, which is recorded in Finished Goods Inventory at a cost of $30,000, for $55,000. h. Completed job 102 but did not sell it; Job 103 is still in process at year-end Ind ivid ual lob Cost Shoets (subsidiary ledgers to WiP) Beq: Balance - Direct Materials - Direct labor - Applied OH Total Mfc, Cost Cost of Goods Sold Selling, General, and Administrative Expenses Sampson Company uses a job order cost system with overhead applied to products based on direct labor hours. Based on previous history, the company estimated its total overhead for the coming year to be $720,000 and its total direct labor hours to be 24,000. On january 1,2021 , the general ledger of Sampson company revealed that it had one job in process (job 102) for which it had incurred a total cost of $15,000. job 101 had been finished the previous month for a total cost of $30,000 but was not yet sold. The company had a contract for job 103 but had not started working on it yet. Other balances in Raw Materials Inventory and other assets, liabilities, and stockholders' equity accounts are summarized below