question in photos6

The following transactions were incurred by Potvin Fabricators during January, the first month of its fiscal year. (Click the iogn to viow the transfoctions) Read the reaulirements. Requirement a. $185,000 of Date a More info a. $195,000 of materials was purchased on account. b. $178,000 of materials was used in production; of this tumount, $149,000 was used on snerifie inthe. c. Manufacturing tabor and salaries for the month totaled $220,000,$185,000 of the total manufacturing labor and salaries was troced to specilic jobs, and the remainder was indirect labor used in the factory. d. The company recorded $19,000 of depreciation on the plant and plant equipment. The company also recelved a plant utility bill for $8,000 which will be paid at a later date. e. $90,000 of manufacturing overhead was allocated to specific jobs. en d. The company recorded $19,000 of depreciation on the plant and plant equipment. The company also recelved a plant utility bill for $8 entry: e. $90,000 of manutacturing overhead was allocated to specific jobs, Record the entry. Requirement 2. By the end of January, was manufacturing overhead overallocated or underallocated? By how much? Durting Aanuary, actuat manufacturtng overiead costs totated By the end of January, a totat of had been allocated to jobs. Therefore, manufacturing overhead had been by