4-27 Job costing, journal entries. Duchess ltd. manufactures and insta lls kitchen cabinetry. It uses normal job costing with two direct cost categories (direct materials and direct manufacturing labour) and one indirect cost pool for MOH, applied on the basis of MH. At the beginning of the year, the company ASSIGNMENT MATERIAL e 129 estimated that it would work 980,000 MH and had budgeted $73,500,000 for MOH. The following data (in$ millions) pertain to operations for the year 2019: Materials control (beginning balance), December 31, 2018 Work-in-process control (beginning balance), December 31, 2018 Finished goods control (beginning balance}, December 31, 2018 Materials and supplies purchased on account Direct materials used Indirect materials (supplies) issued to various production departments Direct manufacturing labour Indirect manufacturing labour incurred by various departments Depreciation on plant and manufacturing equipment Miscellaneous manufacturing overhead incurred (credit Various liabilities; ordinarily would be detailed as repairs, utilities, etc.} $ 6.0 1.8 7.2 238 194 27 123 19 21 9 Manufacturing overhead allocated (972,000 actual MH) ? Cost of goods manufactured 374.3 Revenues 512 Cost of goods sold 368.4 Required 1. Prepare general journal entries. Post to T-accounts. What is the ending balance of Work-in-Process Control? 2. Show the journal entry for disposing of over- or underallocated manufacturing overhead directly as a year-end write-off to Cost of Goods Sold. Post the entry to T-accounts.