Docks Transport assembles prestige manufactured homes. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead allocated at a budgeted $21 per machine-hour in 2020). The following data (in millions) show operation costs for 2020: (Click the icon to view the operations data (in millions). Operations data (in millions) Materials Control, beginning balance, January 1, 2020 Work-in-Process Control, beginning balance, January 1, 2020 Finished Goods Control, beginning balance, January 1, 2020 Materials and supplies purchased on credit Direct materials used Indirect materials (supplies) issued to various production departments Direct manufacturing labor Indirect manufacturing labor incurred by various production departments Depreciation on plant and manufacturing equipment Miscellaneous manufacturing overhead incurred (ordinarily would be detailed as repairs, utilities, etc., with a corresponding credit to various liability accounts) Manufacturing overhead allocated, 4,000,000 actual machine-hours Cost of goods manufactured Revenues Cost of goods sold SA $ 13 34 7 154 147 19 90 32 26 14 ? 295 400 293 Requirement 1. Identify the components of the overview diagram of Docks Transport's job-costing system. B A Indirect Cost pool A } B Manufacturing Overhead C Cost Allocation Base c} D LU H } D Machine-Hours E Cost Object: Product Indirect Costs: G Direct Costs H Direct Costs | Direct Materials Direct Manufacturing J Labor F F G Requirement 2 and 3. Prepare journal entries. The entries have been numbered for you. Explanations for each entry may be omitted. Post to T-accounts. What is the ending balance of Work-in-Process Control? Show the journal entry for adjusting for under- or overallocated manufacturing overhead directly as a year-end writeoff to Cost of Goods Sold. Post all the entry to T-accounts. Record the purchase of materials, $154. (Record debits first, then credits. Exclude explanations from any journal entries.) (1) Materials Control Accounts Payable Control Record the direct materials used, $147. (2) Work-in-Process Control Materials Control Journal Entry Accounts Debit Credit (in millions) 154 154 Journal Entry Accounts Debit Credit (in millions) 147 147 Record the indirect materials used, $19. Journal Entry Accounts Debit Credit (In millions) 19 (3) Manufacturing Overhead Control Materials Control 19 Record the cost of the direct and indirect manufacturing labor used in production of $90 and $32, respectively. (Combine the and indirect labor into one entry.) (4) Journal Entry Accounts Work-in-Process Control Manufacturing Overhead Control Wages Payable Control Debit Credit (In millions) 90 32 122 Record the depreciation expense of $26. Journal Entry Debit Accounts (5) Manufacturing Overhead Control Accumulated Depreciation - Buildings and Manuf. Equipment Record the miscellaneous manufacturing overhead costs of $14. Credit (In millions) 26 26 26 Journal Entry Accounts Debit Credit (In millions) 14 (6) Manufacturing Overhead Control Miscellaneous Accounts 14 Now record the entry to allocate the manufacturing overhead. Journal Entry Accounts Debit Credit (In millions) (7) Work-in-Process Control Manufacturing Overhead Allocated