The Brass Works is in the process of determining manufacturing overhead. Journalize the entries to record the following events to Factory Overhead, Administrative Expenses, and Selling Expenses, or allocated between the three as appropriate. All items were paid in cash at the time of acquisition. Next compute the overhead application rate and Joumalize the entry to apply overhead to work in a. Brass Works purchases an insurance policy for $4,000. It is computed that 80% of the value of the policy protects production, and the balance protects the administrative offices. Bress Works charges Insurance Initially to expense. If an amount box does not require an entry leave it blank b. The electric bil shows amount due o 1200. This meters o n DE Payroll reports that the sales managers are for the d. The stockroom reports that $2.575 o as reports that the sales manager's Swary for the period is $3.500 and that production superior wages for the period are $5.500. If an amount box does not require an entry, leave it Par blank d. The stockroom reports that 12.575 of materials were purchased for the production maintenance department of an amount box does not require an entry, leave it blank e. If the driver for the application of overhead is drop-forge strokes and there are expected to be 1.000 strokes in this period, what is the rate per stroke? Round your answer to three decimal 1. Assuming that there are 1.150 drop-forge strokes in this period, apply factory overhead to work in process. Use the rate calculated in part (e). If an amount bon does not require an entry, leave it blank Round your answer to the nearest Previous Next >