Prepare the following journal entry (round to the nearest whole dollar): Additional Information: The beginning balance for finished goods is $28,500. Eighty percent (80%) of Finished Goods are transferred to the Cost of Goods Sold. Prepare the following journal entry (round to the nearest whole dollar): Determine the amount that was over/under-applied manufacturing overhead and transfer that amount to the Cost of Goods Sold. Luna Corporation, a company that produces and sells a single product has provided its contribution format income statement. Calculate the contribution margin ratio for the company. The answer is a percentage with one decimal place (round to the nearest decimal)