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compete an Marked out of 2.00 Applied vs. Actual Manufacturing Overhead Davis Manufacturing Corporation applies manufacturing overhead on the basis of 150 of direct labor
compete an Marked out of 2.00 Applied vs. Actual Manufacturing Overhead Davis Manufacturing Corporation applies manufacturing overhead on the basis of 150 of direct labor cost. An analysis of the related accounts and job order cost sheet indicates that during the year tota manufacturing overhead incurred was $882,000 and that at year-end Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold included $112,000,856,000, and 5392,000, respectively, of direct labor incurred during the current year. a. Determine the under applied manufacturing overhead at year-end (assume it is significant). Applied Manufacturing Overhead Work in process Freshed goods Cost of goods sold Total 5 Under-applied manufacturing overheads 0 b. Prepare a journal entry to record the disposition of the underapplied manufacturing overhead. General Journal Description Dett Credit . . 0 0 . Please answer all parts of the
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