Q1. Alberta Corporation uses a job-order costing system. The following data relate to the just completed month's operations.

(1) Direct materials requisitioned for use in production, $170,000

(2) Indirect materials requisitioned for use in production, $11,000

(3) Direct labor wages incurred, $105,000

(4) Indirect labor wages incurred, $103,000

(5) Depreciation recorded on factory equipment, $38,000

(6) Additional manufacturing overhead costs incurred, $63,000

(7) Manufacturing overhead costs applied to jobs, $200,000

(8) Cost of jobs completed and transferred from Work in Process to Finished Goods, $450,000

Required:

a. Where appropriate, post the above transactions to the Work in Process and Manufacturing Overhead T-accounts below.

	Work In Process
	Bal.	$35,000

	Manufacturing Overhead

b. Determine the underapplied or overapplied overhead for the month.