Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $298,300 and machine hours to be 15,700. Actual manufacturing overhead and machine hours were $336,300 and 16,700, respectively.

Required: 1. & 2. Prepare the journal entries for actual and applied manufacturing overhead and transfer of manufacturing overhead account balance to cost of goods sold. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

• Record the actual manufacturing overhead cost incurred.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
a

• Record the application of manufacturing overhead to production.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
b

• Record the transfer of manufacturing overhead account balance to cost of goods sold.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
c