Aspen Company estimates its manufacturing overhead to be $ 647,500 and worked on three jobs for the year. Job 2-1, which was sold during year 2, had actual direct labor costs of $ 138,012. Job 2-2, which was completed, but not sold at the end of the year, had actual direct labor costs of $ 387,748. Job 2-3, which is still in work-in-process inventory. had actual direct labor costs of $ 131,440. Actual manufacturing overhead for year 2 was $ 807,100. Manufacturing overhead is applied on the basis of direct labor costs. direct labor costs to be $ 518,000 for year 2. Aspen Required: Prepare an entry to allocate over- or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold. (If no entry Is required for a transaction / event, select "No journal entry required" in the first account field.)

Help Save & EX Chec Aspen Company estimates its manufacturing overhead to be $647,500 and its direct labor costs to be $518,000 for year 2. Aspen worked on three jobs for the year. Job 2-1, which was sold during year 2. had actual direct labor costs of $138,012. Job 2-2, which was completed, but not sold at the end of the year, had actual direct labor costs of $387,748. Job 2-3, which is still in work-in-process inventory, had actual direct labor costs of $131,440. Actual manufacturing overhead for year 2 was $807,100. Manufacturing overhead is applied on the basis of direct labor costs. Required: Prepare an entry to allocate over- or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet OM B SAMSUNG Curriculo Combativ Telnet, SSH Centr. LU s Significado de Dias. History T UPRS Moodle University of Puerto google dassroom Rompecabes Chapter 7 Help 00 Record the allocation of over or underapplied overhead. 4 points Note: Enter debits before credits ebook Transaction General Journal Dobit Credit 1 References Record entry Cleat entry View general journal (Me Graw Hill x O MA BO SAMSUNG