4-26 Job costing, journal entries. Donald Transport assembles prestige manufactured homes. Its job costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead allocated at a budgeted S31 per machine-hour in 2014). The following data (in millions) show operation costs for 2014: S 18 Materials Control, beginning balance, January 1, 2014 Work-in-Process Control, beginning balance, January 1, 2014 Finished Goods Control, beginning balance, January 1, 2014 Materials and supplies purchased on credit Direct materials us ed Indirect materials (supplies) issued to various production departments Direct manufacturing labor Indirect manufacturing labor incurred by various production departments Depreciation on plant and manufacturing equipment Miscellaneous manufacturing overhead incurred (ordinarily would be detailed as 10 154 152 19 96 34 28 13 repairs, utilities, etc., with a corresponding credit to various liability accounts) Manufacturing overhead allocated, 3,000,000 actual machine-hours Cost of goods manufactured Revenues Cost of goods sold 298 410 294 1. Prepare an overview diagram of Donald Transport's job-costing system. 2. Prepare journal entries. Number your entries. Explanations for each entry may be omitted. Post to 3. Show the journal entry for disposing of under- or overallocated manufacturing overhead directly as a 4. How did Donald Transport perform in 2014? T-accounts. What is the ending balance of Work-in-Process Control? year-end writeoffto Cost of Goods Sold. Post the entry to T-accounts