Requirements a. 1. Prepare journal entries for the December 31 payroll. 2. Use T-accounts to compute the following: The total amount of materials requisitioned into work-in-process during December b. The total amount of direct manufacturing labor recorded in work in process during December (Hint: You have to solve requirements 2b and 2c simultaneously) The total amount of manufacturing overhead recorded in work-in-process during December d. Ending balance in work-in-process, December 31 Cost of goods sold for December before adjustments for under- or overallocated manufacturing overhead 3. Prepare closing journal entries related to manufacturing overhead. Assume that all under-or overallocated manufacturing overhead is closed directly to Cost of Goods Sold. C. e. Bramble Company uses normal casting in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: B Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. Credit Accounts Work-In-Process Control Manufacturing Overhead Allocated Debit 5.850 (16) 5,850 Requirement 2. Use T-accounts to compute the following transactions (Click the icon to view the transactions.) For direct labor and manufacturing overhead in the Work-in-Process account, enter the amounts for 12/30 and 12/31 separately to get the correct ending balance for each date. (Abbreviation used: MOH = Manufacturing overhead; Materials res = Materials requisitioned; COGM = Cost of goods manufactured: COGS = Cost of goods sold.) Materials Control Work-in-Process Control 5,900 12/1 Bal. 1,300 12/1 Bal. 12/31 Bal. 12/31 Bal 12/30 Bal. 12/30 Bal Finished Goods Control 12/1 Bal 3,600 12/31 Bal. 12/31 Bal 12/31 Bal. 12/31 Bal. More Info a. C. Additional information follows: Direct materials purchased during December were $65,500. b. Cost of goods manufactured for December was $226,000. No direct materials were returned to suppliers. d. No units were started or completed on December 31 and no direct materials were requisitioned on December 31. The manufacturing labor costs for the December 31 working day: direct manufacturing labor, $3,900, and indirect manufacturing labor, $1,000. f. Manufacturing overhead has been allocated at 150% of direct manufacturing labor costs through December 31. e. Data Table Beginning Balance 12/1 Ending Balance 12/30 Materials Control 1,300 $ 7,700 5,900 8,200 Work-in-Process Control Manufacturing Department Overhead Control 0 95,000 Finished Goods Control 3,600 18,600