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 $284,000 and machine hours to be 14,200. Actual manufacturing overhead and machine hours were $327,000 and 15,200, respectively.

1-Record the actual manufacturing overhead cost incurred.

2 -Record the application of manufacturing overhead to production.

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

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.) View transaction list Journal entry worksheet Record the actual manufacturing overhead cost incurred. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal