7. What is the ending balance in Work in Process? 8. What is the total amount of actual manufacturing overhead cost incurred during the year? Record the manufactured goods completed during this year. Note: Enter debits before credits. Journal entry worksheet Record the accrued labor costs. 2. What is the ending balance in Raw Materials? Journal entry worksheet Record the raw materials used in production. Note: Enter dehits hefore credits 5. What is the total manufacturing cost added to Work in Process during the year? 9. Is manufacturing overhead underapplied or overapplied for the year? By how much? Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $12.75 per direct labor-hour was based on a cost formula that estimated $510,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $654,000. b. Raw materials used in production, $618,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $460,000; indirect labor, $150,000; selling and administrative salarles, $270,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $417,000. e. Incurred various manufacturing overhead costs (e.g. depreciation, insurance, and utilities), $360,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the yeat. 9. Jobs costing $1,539,250 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,172,500. The jobs cost $1,549,250 to manufacture according to their job cost sheets. 10. What is the cost of goods available for sale during the year? 4. What is the total amount of manufacturing overhead applied to production during the year