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Morris Corporation applies manufacturing overhead to jobs at a rate of $ 6 0 per direct labor hour. During the current period, actual overhead costs
Morris Corporation applies manufacturing overhead to jobs at a rate of $ per direct labor hour. During the current period, actual overhead costs totaled $ and direct labor hours were worked by the company's employees.
a Record the journal entry to close the Manufacturing Overhead account directly to Cost of Goods Sold at the end of the period.
b Was manufacturing overhead overapplied, or was it underapplied?
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Record the journal entry to close the Manufacturing Overhead account directly to Cost of Goods Sold at the end of the period.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
Journal entry worksheet
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