Dune Lake Manufacturing had the following transactions related to manufacturing overhead for the year:

View the transactions.

Read the requirements.

Requirement $1.$ Prepare the journal entries for Dune Lake Manufacturing. $($Record debits first, then credits. Exclude explanations from any journal entries.$)$

$1$a$.$ $$5,500$ in indirect materials

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Transactions

Requirements

Prepare the journal entries for Dune Lake Manufacturing.

Determine the amount of overallocated or underallocated manufacturing overhead by posting the transactions to the Manufacturing Overhead account. Assume the balance in Manufacturing Overhead on January $1$ is $$0.$ Prepare the adjusting entry.

Incurred manufacturing overhead costs

a$.$ $$5,500$ in indirect materials

b$.$ $$12,000$ in indirect labor $($credit Wages Payable$)$

c$.$ $$33,100$ in machinery depreciation

d$.$ $$16,200$ in other indirect costs that were paid in cash

Allocated manufacturing overhead $($use a compound entry$)$

a$.$ $$29,000$ to the Mixing Department

b$.$ $$33,000$ to the Packaging Department