38. Sixth applies manufacturing overhead on the basis of 75% of direct labor cost. An analysis of the related accounts and job order cost sheet indicates that during the year, total manufacturing overhead incurred was $80,000 and that at year-end Work-in-Process Inventory. Finished goods Inventory, and Cost of Goods Sold included $15,000, $35,000, and $55,000, respectively, of direct labor incurred during the current year. Assume SixthZ finds the over- or underapplied manufacturing overhead to be insignificant, prepare a journal entry to record the disposition of the over- or underapplied manufacturing overhead. a. Cost of Goods Sold $25,000 Manufacturing Overhead $25,000 b. Manufacturing Overhead $25,000 Cost of Goods Sold $25,000 c. Cost of Goods Sold $1.250 Manufacturing Overhead $1,250 d. Manufacturing Overhead $1,250 Cost of Goods Sold $1.250 39. Sixth2 had the following March data: Materials Conversion Cost Per Equivalent Unit Ending WIP-Sewing Percent Complete Equivalent Units in Ending WIP-Sewing Compute the total cost of the ending work-in-process inventory. 100% 85% 300 250 $85 $40 a. $35,500 b. $37,500 c. $31.250 d. $34,000. 40. SixthZ incurred the following costs in its Work-in-Process-Sewing Department in February: $10,000 Direct Materials: $8,000 Direct Labor; and $6,000 Manufacturing Overhead. In addition, Sixth2 incurred the following costs in its Work-in-Process-Filling Department in February: $5,000 Direct Materials: $3,000 Direct Labor: $1,000 Manufacturing Overhead. Which of the following is the journal entry to reflect direct labor costs incurred in February. a. Work-in-Process-Sewing Inventory Work-in-Process-Filling Inventory $8,000 $3,000 Manufacturing Overhead $11,000 b. Manufacturing Overhead $11,000 Work-in-Process-Sewing Inventory $8,000 Work-in-Process-Filling Inventory $3,000 c. Work-in-Process-Sewing Inventory $8,000 Work-in-Process-Filling Inventory $3,000 Wages Payable $11,000 d. Wages Payable $11,000 Work-in-Process-Sewing Inventory $8,000 Work-in-Process-Filling Inventory $3,000