Compute Erkens Company's predetermined overhead rate for the year. Predetermined overhead rate per machine hour Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 > Purchased 208,000 pounds of materials on account; the cost was $4.80 per pound. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 6 7 8 9 10 > Issued 134,000 pounds of materials to production, of which 22,000 pounds were used as indirect materials. Journal entry worksheet > 1 2 3 4 5 6 7 8 9 10 > Incurred direct labor costs of $310,000 and $54,000 of indirect labor costs. Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 Recorded depreciation on equipment for the month, $78,500. Journal entry worksheet > 1 2 3 4 5 6 7 8 9 10 > Recorded insurance costs for the manufacturing property, $4,900. Journal entry worksheet < 1 1 2 3 4 5 6 7 8 9 10 > Paid $9,900 cash for utilities and other miscellaneous items for the manufacturing plant. Journal entry worksheet < 1 2 3 4 5 6 7 8 9 10 > Completed Job H11 costing $8,900 and Job G28 costing $84,000 during the month and transferred them to the Finished goods inventory account. Journal entry worksheet < 1 2 3 4 4 5 6 7 8 9 10 > Record the cost of the Job G28 which was shippped to the customer during the month. Journal entry worksheet < 1 1 2 3 4 5 6 7 8 9 10 > Record the invoice issued for Job G28. The sale was made at 35% above cost. Journal entry worksheet < 1 2 3 4 5 6 7 8 9 10 Used 10,500 machine-hours during April. Compute the amount of overapplied or underapplied overhead. overhead Journal entry worksheet 1 Record the entry to close the overhead account. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general jou