Construction Company produces gadgets for the coveted small appliance market. The following data reflect activity for the year $2021$

$($Click the icon to view the data.$)$

Required

Required

Prepare journal entries to record the transactions for $2021$ including an entry to close out over$-$or underallocated overhead to cost of goods sold. For each journal entry, indicate the source document that would be used to authorize each entry. Also note which subsidiary ledger, if any, should be referenced as backup for the entry

Post the journal entries to $T-$accounts for all of the inventories, Cost of Goods Sold, the Manufacturing Overhead Control Account, and the Manufacturing Overhead Allocated Account.

$$

$$

Jountrat LIt$$Y

Accounts

Debit

$(2.)$

$$