please show workings.thank you

3 HOMEWORK Saved Required information [The following information applies to the questions displayed below. The following information pertains to Trenton Glass Works for the year just ended Budgeted direct-labor cost: 75,000 hours (practical capacity) at $16 per hour Actual direct-labor cost: 80,000 hours at $17.50 per hour Budgeted manufacturing overhead: $997,500 Actual selling and administrative expenses: 435,000 Actual manufacturing overhead: Depreciation Property taxes Indirect labor Supervisory salaries Utilities Insurance Rental of space Indirect material (see data below) $231, 21,000 82,000 59,000 30, 000 300,000 79,000 es Indirect material: Beginning inventory, January 1 Purchases during the year Ending inventory, December 31 48,000 94,000 63,000 3. Prepare a journal entry to close out the Manufacturing Overhead account into Cost of Goods Sold. (Round intermediate calculations to 2 decimal places. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record entry to close out the Manufacturing Overhead account into Cost of Goods Sold. Note: Enter debits before credits. Transaction General Journal Debit Credit 1