Moran, Inc., manufactures bricks. Each brick goes through 2 departments: Mixing and Firing. The company uses a job order cost system and computes a predetermined overhead rate for each department. The mixing department bases its rate on direct materials, and the firing department on machine hours. At the beginning of the year, the company made the following estimates: Mixing. Firing Direct Labor Hours 80,000 45,000 Machine Hours 30,000 70,000 Direct Materials $300,000 $40,000 Direct Labor $950,000 $700,000 Manufacturing overhead $150,000 $140,000 The cost sheet for Dr Milverton's order contained the following: Mixing Firing Direct Labor Hours 300 80 Machine Hours 80 120 Direct Materials $6,000 $120 Direct Labor $4,000 $1,400 c)Prepare entries for over/under assigned overhead. Prepare Mixing for an interim period; prepare firing for year end. Overhead incurred is $2,800 in Mixing and $262 in Firing