The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year. Manufacturing Overhead 467,712 (6) 389,760 77,952 Bal. 722,000 (a Bal. 646,000 Work in Process 18, 240 (c) 270,500 86,500 389,760 43,000 Bal. (c) Bal. Finished Goods 47,000 (d) 722,000 123,000 (b) Bal. (d) Cost of Goods Sold 646,000 The overhead that had been applied to production during the year is distributed among Work in Process, Finished Goods, and Cost of Goods Sold as of the end of the year as follows: Work in Process, ending Finished Goods, ending Cost of Goods Sold Overhead applied $ 20,640 59,040 310, 080 $ 389,760 For example, of the $43,000 ending balance in work in process, $20,640 was overhead that had been applied during the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Identify reasons for entries (a) through (d). Reason Entry (a) (b) (c) (d) Required 1 Required 2 > Record the adjustment of manufacturing overhead account to COGS. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal Record the allocation of any balance in the manufacturing overhead account to other accounts. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal