ABC Company 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 $22 per machine hour in 2021). The following data (in millions) show operation costs for 2020:

Materials Control, beginning balance, Jan 31, 2021 $ 15

Work in process Control, beginning balance, Jan 31, 2021 30

Finished goods Control, beginning balance, Jan 31, 2021 .. 50

Direct materials purchased on credit 75

Direct materials used .. 78

Direct manufacturing labor cost . 125

Indirect manufacturing labor cost 30

Manufacturing overhead allocated, 4,000,000 machine hours . ?

Depreciation of manufacturing equipment 28

Miscellaneous manufacturing overhead (rent, utilities, etc.) 23

Cost of good manufactured 295

Cost of goods sold 275

Revenues 400

a. Prepare journal entries. (50 points)

b. Show the journal entry for disposing of under- or overallocated manufacturing overhead directly as a year-end write-off to Cost of Goods Sold. (10 points)

c. What is the ending balance of Direct Materials? (10 points)