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Rieb Incorporated has provided the following data for the month of September. There were no beginning inventories; consequently. the direct materials, direct labor, and
Rieb Incorporated has provided the following data for the month of September. There were no beginning inventories; consequently. the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month Direct materials Direct labor Total Manufacturing overhead applied Manufacturing overhead for the month was overapplied by $7,850 Work In Process Finished Goods $3,850 10,010 Cost of Goods Sold Total $8,930 6,840 $20,700 24,260 11,970 $45,160 $ 47,450 130,190 66,698 $244,330 $ 60,230 164,460 85,500 $310,190 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 in those accounts Required: Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, and cost of goods sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the journal entry to allocate the underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold. Note: Pater dehits here redes Proctorin is sharing wut screen Sto sharing Pide
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