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QUESTION 4 15 points Save Answer Evener Inc. has provided the following data for the most of July. There were no beginning inventories, consequently, the
QUESTION 4 15 points Save Answer Evener Inc. has provided the following data for the most of July. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead appled listed below are al for the current month. Work in process Finished Goods Cost of Goods Sold Total Direct material $6.000 $16,360 23,400 $45.990 Direct labor 43,730 Manufacturing Overhead Applied 1950 11.550 16 500 Total 44,670 122.720 Actual manufacturing overhead incurred for the month was $30,000 The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month Required: 1. Determine the cost of work in process, finished goods, and cost of goods sold after allocation of the unperapplied or overapplied overhead for the period 2. Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods and cost of goods sold Use these tables to answer this question Work in process Finished Goods T C ost of Goods Sold Total econeitrCarscore Credit
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