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Manufacturing overhead costs in a job-order cost system incurred for the month are Property taxes $30,000 $10,000 Insurance Depreciation on Equipment $15,000 REQUIRED: Which is

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Manufacturing overhead costs in a job-order cost system incurred for the month are Property taxes $30,000 $10,000 Insurance Depreciation on Equipment $15,000 REQUIRED: Which is the correct journal entry assuming the property taxes and insurance were paid in cash? a Manufacturing Overhead Control 55.000 Work-in-Process Inventory 55,000 b. Depreciation Exp. Equip 15.000 Insurance & Property Tax Expense 40.000 Manufacturing Overhead Control Manufacturing Overhead Control 55.000 55.000 40.000 Cash 15.000 Accumulated Depreciation Equip d. Manufacturing Overhead Allocated 55.000 40,000 Cash 15.000 Accumulated Depreciation Equip

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