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Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most

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Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $174,800. Estimated direct labor cost was $461,840 for 18,400 hours. Actual costs for the most recent month are summarized here: Total Cost $ 46,185 Item Description Direct labor (1,840 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory insurance General and administrative salaries Selling expenses 2,570 3,380 3,330 4,790 5,720 1,180 1,750 4,250 5,390 Required: 1., 2. & 3-a. Prepare the joumal entries for overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the application of manufacturing overhead to production. Note: Enter debits before credits. Transaction General Journal Debit Credit View transaction list Journal entry worksheet Record the actual manufacturing overhead cost incurred. Note: Enter debits before credits. General Journal Debit Credit Transaction b Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the transfer of manufacturing overhead account balance to cost of goods sold. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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