The following information is taken from the accounts of Foster Corp. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year. Manufacturing Overhead (a) 444,000 (6) 490,000 Bal. 46,689 ces Work in Progress Bal. (c) 840,000 121,000 226, eee 131,000 498,888 (b) Bal. 128,888 Finished Goods Bal. (C) 184,000 840, 800 (d) 892,000 Bal. 132,000 Cost of Goods Sold (d) 892,000 The overhead applied to production during the year is distributed among the ending balances in the accounts as follows Work in Process, ending Finished Goods, ending Cost of Goods Sold $ 49,000 73,500 367,500 Overhead applied $490,000 For example, of the $128,000 ending balance in Work in Process, $49.000 was overhead applied during the year. Required: 1. Identify the reasons for entries (a) through (d). item (a): Item (b): Item (c): Item (d): Actual manufacturing overhead costs for the year Overhead cost applied to work in process for the yea Cost of goods manufactured for the year. Cost of goods sold for the year Journal entry worksheet Record the entry allocation of over applied overhead to the other account on the bases of amounts of overhead apply during the year in the ending balance during each account. Note: Enter debits before credits. Credit General Journal Debit Transaction View general journal Clear entry Record entry Nu 5 of 6 Next >