Marblex manufactures marble statues. In March, the production department had budgeted allocation bases of 70,000 machine-hours in Department Y. The budgeted manufacturing overhead for the YEAR was $1,400,000. In June 2020, Customer placed an order for Job A at a price of $50,000. Company then started the job A on June 10 and completed the job on June 30. The actual costs incurred for Job A in Department Y was $ 8,000 for direct materials and $ 9,000 for direct labor. The overall costs incurred and machine hours used for Department Y in the year 2020 were listed as follows: Materials purchased on account Direct materials used for all the jobs Direct manufacturing labor incurred Indirect manufacturing labor incurred Indirect materials used Lease on factory Utilities Depreciation on machinery Miscellaneous MOH items Machine-hours used for Job A Machine-hours used for all the jobs in the year 2020 Department Y $500,000 400,000 550,000 660,000 15,000 480,000 110,000 175,000 18,000 900 hours 75,000 hours Job A used 900 machine-hours in Department Y. The company uses a normal costing system. 50000 f) Prepare entry to record the sales for Job A on July 1 and record the Cost of Goods Sold for Job A on July 1. 480.800 Sales 580000 July 1 Cose of good sold & g) Prepare the entry to record the manufacturing overhead cost incurred for Department Y in 2020. 1.458010 WIP Invertory (8000 +9000) MOH Invertory | 17.000 x 17.00 4 h) Prepare the adjusting entry to record the over-allocated MOH or under-allocated MOH for the year 2020. over-allocated $42000 (15000,000 MOH Allocated-1458150) MOH Invertory 303000 utilities 110.000 Accumulate Depreciation 175000 Miscellaneous 18000