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Compute the Journal Entry to allocate Applied Overhead using the Weighted Average Method given the data below: MOHVD 900 1000 Current Balances are WIP $300,

Compute the Journal Entry to allocate Applied Overhead using the Weighted Average Method given the data below:

MOHVD

900 1000

Current Balances are WIP $300, FG $200, COGS $500:

MOVHD 100

WIP 30

FG 20

COGS 50

COGS 50

MOVHD 100

COGS 100

MOVHD 100

WIP 30

FG 20

COGS 50

MOVHD 100

COGS 100

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