The following data pertain to the Oneida Restaurant Supply Company for the year just ended Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours $205,000 364,000 20,000 20,000 14 $336,000 11,000 18,000 15 Actual direct-labor hours Actual direct-labor rate Required: Prepare a journal entry to add to work-in-process inventory the total manufacturing overhead cost for the year, assuming 1. The firm uses actual costing 2. The firm uses normal costing, with a predetermined overhead rate based on machine hours. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. Debit Transaction General Journal Credit 0 364,000 Work-in-process inventory 364,000 Manufacturing overhead Work-in-process inventory 336,000 Manufacturing overhead 336,000