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sung applied overhead to the production, Incurred actual overhead cost transferring the Job C01 into finished goods. sold the equipment, closing entries to closed the

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sung applied overhead to the production, Incurred actual overhead cost transferring the Job C01 into finished goods. sold the equipment, closing entries to closed the underapplied overapplied overhead. May 2020 PT Scanion has the following informations on May 2020. Accounts May 1, 2020 May 31, 2020 Raw Materials inventory $400,000 $270.000 Work in Progress Inventory $150,000 $100,000 Finished goods Inventory $300.000 $210.000 Materials purchased Direct Labor Indirect labor Secretary's wages Factory managers wages Sales Revenue Maintenance services for office Maintenance services for factory Depreciation on factory equipment $430,000 $25,070 $13,021 $2.055 57,182 $1,404.500 5690 $710 $5,000 Claes comments Insurance on factory building Factory tlity cost Office ubity Oost Taxes on Factory burding Sales cossions Ad expenses Administrative expenses Loss or dissants Interest income Delivery expenses $1000 $250 $240 5850 5720 $108.600 $100,000 $25.000 $70,000 $850 A Make the cost of Macored ment for May 2020 B Make the comment based on mons above

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