Donorcycles, Inc. ("DI") is a manufacturer of replica motorcycles based on classic brand designs. During the month of December 2019, four projects were in production. Jobs 100 and 400 were completed and sold. Job 200 was transferred to Finished Goods Inventory, but not sold and Job 300 remained in work in process. DI applies overhead based on direct labor cost and applies overhead at a rate of 30% per dollar of Direct Labor. At the end of each month, Dl makes the appropriate overhead adjustment based on the applied overhead vs. actual overhead. Raw Materials Inventory 141 12/1/19 Raw Materials Inventory 50 12/31/19 December Indirect Materials ??? December Indirect Labor ??? December Raw Materials 255 Purchases December Factory Payroll 265 December Factory Rent 4 December Factory Utilities 5 December Sales Salaries 13 Expense December Advertising and 9 Marketing Expense December Factory Maintenance 7 December Factory Insurance 3 Job 400 Revenue 280 Job 100 Revenue 300 Job cost information was as follows: Job 200 Job 300 Job 400 Description Job 100 Balances as of 12/1/19 Direct Materials 16 7 3.5 Direct Labor 20 10 15 Applied Overhead ON 3 4.5 WWW Costs During December Direct Materials 90 110 80 40 Direct Labor 60 40 80 60 Applied Overhead ??? ??? ??? ??? Based on the above determine: A. Determine the amount of indirect materials used in $ December B. Determine the indirect labor $ for the month of December C. Work in Process as of $ 12/31/19 $ D. Cost of Goods Manufactured for December $ 2019 E. Finished Goods Inventory as $ of 12/31/19 F. Cost of Goods Sold for the $ month ended 12/31/19 G. Gross Profit for the month $ ended December 31, 2019 H. PREPARE THE JOURNAL ENTRY, IN PROPER FORM, TO ADJUST THE UNDER/OVER APPLIED FACTORY OVERHEAD. DATE ACCOUNT DEBIT CREDIT PART A: Assume the same information in question 5, except that Factory Overhead was over applied by $70.7 ($70,700). Prepare the journal entry and supporting calculations to journalize the over application of Factory Overhead. Please show your work below. DATE ACCOUNT DEBIT CREDIT . . PART B: Quantitatively and qualitatively describe the reasoning behind your journal entry in Part A