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Oriole's Shovels produces small, custom earth-moving equipment for landscaping companies. Manufacturing overhead is allocated to work in process, using an estimated overhead rate. During April,
Oriole's Shovels produces small, custom earth-moving equipment for landscaping companies. Manufacturing overhead is allocated to work in process, using an estimated overhead rate. During April, transactions for Oriole's Shovels included the following: Direct materials issued to production $ 182,800 Indirect materials issued to production Other manufacturing overhead incurred 242,600 Overhead allocated 219.100 Direct labour costs 72,800 27.300 Beginning and ending work in process were both zero. Account Titles and Explanation Debit Credit (To record direct material issued to production) ILI (To record indirect material issued to production) (To record other manufacturing overhead incurred) (To record overhead allocated) (To record direct labour costs) (To record cost of goods manufactured) II II ULTE (To record cost of goods sold) (To record underapplied overhead)
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