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IV. Actual overhead for the period was $211,943 whereas overhead applied was $247,330. Overhead applied consisted of: Cost of Goods Sold $58,092 Finished Goods $119,021

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IV. Actual overhead for the period was $211,943 whereas overhead applied was $247,330. Overhead applied consisted of: Cost of Goods Sold $58,092 Finished Goods $119,021 WIP $70,217 $247,330 Journalize the allocation of the over/under applied overhead proportionately among the three accounts. (Where appropriate, calculate answers to four decimal places.)

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