Record Journal Entries for the below transactions.

Compute the amount of underapplied or overapplied overhead and transfer it to the Cost of Goods Sold account.

May
1	Purchased direct materials on account $12,940
3	Purchased indirect materials for cash 750
4	Requested direct materials costing $10,840 and indirect materials of $500 for production
8	Issued checks for overhead costs 2,100
15	Recorded the following wages direct labor, 8,900, indirect labor 620, manufacturing supervision, 800 and sales commissions 980
15	Applied overhead at a rate of 120 percent of direct labor
18	Issued checks for overhead costs 900
20	Purchased direct materials on account of $14,950 and indirect materials of $1,400
21	Requested direct materials costing $ 11,400 for production and $1,200 of indirect materials.
23	Recorded the following wages direct labor, 6,450, indirect labor 440, manufacturing supervison,520 and sales commissions 1,200
23	Applied overhead at a rate of 120 percent of direct labor
24	Issued checks for overhead costs 1,250
25	Completed jobs with a cost of $44,020
31	Shipped Job to customer, cost was $24,520 and sale price was $36,800