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Exercise 11-33 Journal Entries for Overhead (Appendix A) (LO 11-8) 00 8 Crystal Glassware Company has the following standards and flexible-budget data. 1.2 points Standard
Exercise 11-33 Journal Entries for Overhead (Appendix A) (LO 11-8) 00 8 Crystal Glassware Company has the following standards and flexible-budget data. 1.2 points Standard variable-overhead rate Standard quantity of direct labor Budgeted fixed overhead Budgeted output $ 6.ee per direct-labor hour 2 hours per unit of output $100,eee 25,000 units eBook References Actual results for April are as follows: Actual output Actual variable overhead Actual fixed overhead Actual direct labor 20,8ee units $310,000 $ 95, eee 48,800 hours Required: Prepare journal entries for the following transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld.) Record the Incurrence of actual variable overhead and actual fixed overhead. Add variable and fixed overhead to Work-In-Process Inventory. Close underapplied or overapplied overhead Into Cost of Goods Sold. Journal entry worksheet Record the applied production overhead. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal Journal entry worksheet
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