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Please help asap Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The compary's predetermined overhead

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Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The compary's predetermined overhead rate of $2.80 per machine-hour was based on a cost formula that estimates $254,800 of total manufacturing overhead for an estimated activity level of 91,000 machine-hours. Required: 1 Assume thot during the year the compony works only 86.000 machine-hours and incurs the following costs in the Manufacturing Overhead and Work in Process accounts: Compute the amount of overhead cost that would be applied to Work in Process for the year and make the entry in your T-accounts 2A. Compute the amount of underopplied or dveropplied overhead for the year and show the balance in your Manufacturing Overheod T-occount. 2B. Prepare o joumal entry to close the company's underapplied or overapplied overhead to Cost of Goods Sold Complete this question by entering your answers in the tabs below. Compute the amount of ovehead cost that would be apolied to Work in Process for the vear and make the entry in your Taccounts. Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The companys predetermined overhead rate of $2.80 per machine-hour was based on a cost formula that estimates $254,800 of total manufacturing overhead for an ebtimated activity level of 91,000 machine-hours. Required: 1. Assume that during the year the company works only 86,000 machine-hours and incurs the following costs in the Manufacturing Overhead and Work in Process accounts: Compute the amount of overhead cost that would be applied to Work in Process for the year and make the entry in your T-accounts. 2A. Compute the amount of underapplied or overapplied overhead for the year and show the baiance in your Manufacturing Overhead T-account. 28. Prepare a joumal entry to close the company's underapplied or overopplied overhead to Cost of Goods Sold Complete this question by entering your answers in the tabs below. Compute the amount of underapplied or overapplied overhead for the vear and show the balance in your Manufacturing Overhead T-Account from Req I. Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's predetermined overhead rote of $2.80 per machine-hour was based on a cost formula that estimates $254,800-of total manufacturing overhead for an estimated activity level of 91,000 machine-hours. Required: 1. Assume that during the year the company works only 86,000 machine-hours and incurs the following costs in the Manufacturing Overhead and Work in Process accounts. Compute the amount of overhead cost that would be applied to Work in Process for the year and make the entry in your T-accounts. 2A. Compute the amount of underapplied or overapplied overhead for the year and show the balance in your Manufocturing. Overhead T-account: 28. Prepare a journal entry to close the company's underapplied or overapplied overhead to Cost of Goods Sold Complete this question by entering your answers in the tabs below. Prepare a Journal entry to dose the comploy's underapplied or overapplied overhead to Cost of Goods sold. (If no entry is required for a transaction/event, select "No journal entry required in the first account fied.) Journal entry worksheet Record the entry to dose the balance of the manufacturing overtiead account to cocss account. Rote suter debits bel wese rreday

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