Landscape Design Company incurred the following actual overhead costs for the month of March:

Indirect materials $175,000

Indirect labor 145,000

Factory depreciation 11,000

Factory utilities 6,000

Landscape Design applies overhead on a predetermined rate of $1.90 per direct labor dollar and direct labor costs were $151,000 for the month.

Required:

A Prepare one journal entry to record actual overhead costs for the month of March. Assume indirect labor costs and utilities will be paid in the next month.

B Prepare the journal entry to record manufacturing overhead applied to jobs during January.

C Is manufacturing overhead overapplied or underapplied?

D Using the balance in the Manufacturing Overhead account result from entries (A) and (B) above, prepare the journal entry to close Manufacturing Overhead to Cost of Goods Sold.