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The allocation and adjusted balance is wrong, can I recieve help with it? Marigold Company produces high quality microscopes for education and health care uses.

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The allocation and adjusted balance is wrong, can I recieve help with it?

Marigold Company produces high quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes' optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $1,960,000 and that employees would work a total of 98,000 direct labor hours. During March, the company worked on the following five jobs. Job 134 Beginning Balance $118.400 121,500 22.000 34,200 158 212 287 301 Direct Materials added during March $3,000 2,600 86,300 72.000 19.160 $183,060 Direct Labor added during March $8,600 12.180 36,100 31.900 21.800 $110.580 Direct Labor Hours added during March 160 210 3,410 2,610 1.470 7,860 Total $296,100 Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Your answer is correct, Marigold Company incurred $159,300 manufacturing overhead in the month of March. Given that expenditure for overhead, was manufacturing overhead under or overapplied in March? By how much? (Enter negative amount using either a negative sin preceding the number es. 45 or parentheses es (451.) Over/Underapplied OH $ 2100 Marigold Company incurred $159,300 manufacturing overhead in the month of March. Given that expenditure for overhead, was manufacturing overhead under-or overapplied in March? By how much? (Enter negative amount using either a negative sign preceding the number eg.-45 or parentheses eg (45).) Over/Underapplied OH -2100 e Textbook and Media Attempts: 2 of 3 used (b) Your Answer Correct Answer Your answer is correct. Assume that Marigold Company closes under or overapplied overhead to the Cost of Goods Sold account Calculate the Cost of Goods Sold amount after that adjustment. Adjusted Cost of Goods Sold $ 347900 Assume that Marigold Company prorates under-or overapplied overhead to the appropriate accounts. Calculate the allocated amounts and adjust the account balances as needed. (Round percentage of total and final answers to 2 decimal places, eg. 5,235.75.) Allocation Adjusted Balance $ Work In Process 1090.08 $ 1079.39 $ 56.11 $ Finished Goods 56.11 953.82 Cost of Goods Sold 953.82 $ $ $ 2100.01 2089.32 e Textbook and Media Save for later Attempts: 1 of 3 used Submit

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