Watch TX Login Harmonx OXIM ZOOMLX BEIM Acade Xl FRX100 x Exam 21 Four Osxx - Trio Office Cake File Edit View Insert Format Styles Sheet Data Tools Window Help % 00 D E F G $ 18,000 $ 32,000 $ 56,000 Times New Roman 11 a aa a = $ A 1 During May. Sharpton Corporation recorded the following 2 3 Raw materials, beginning balance 4 Work in process, beginning balance 5 Finished Goods, beginning balance 6 7 Transactions 8 9 Raw materials purchases, on account 10 b Raw materials used in production (all direct materials) 11 c Direct labor cost used 12 d Indirect labor cost used 13 Umer manualcuning overned costs incurrere, utility, tax, e 14 f Manufacturing overhead applied Cost of units completed and transferred from Work in Process 15 8 to Finished Goods 16 1 Any overapplied or underapplied manufacturing overhead is closed to Cost of Goods Sold 17 i Finished goods are sold (Revenue is $500,000 in Cash) 18 19 20 1 Prepare the journal entries to record the following transactions 21 22 $ 65,000 $ 73,000 $ 74,000 20,000 $ 72,000 $ 89,000 $ 252,000 $ 300,000 Instructions Sheet 4 of 5 Pagestyle English (USA) 6 o . c Type here to search FRX109 Exam #1 Four Os.xlsx - Trio Office Calc Edit View Insert Format Styles Sheet Data Tools Window Help libri 11 SES a a a a # E = B D 1 Prepare the journal entries to record the following transactions (a) 3 1 2 3 35 36 37 38 39 40 41 42 2 Prepare T-Accounts for Work in Process and Manufacturing overhead, showing the end WIP + Instructions 1 2 3 4 Sheet 4 of 5 PageStyle 3 English (USA) Type here to search o Im Acade x FRX 109 Hammonix @ Watch Th X n loan ZOOM LIX 1 Four Os.xlsx - Trio Office Calc View Insert Format Styles Sheet Data Tools Window Help & V 11 % a a & = B C D E 3 Determine the amount of overapplied or underapplied overhead Choose one) 4 Based on above, prepare the journal entries to adjust manufacturing overhead at the end of the period Instructions 1 2 3 4 of 5 PageStyle 3 English (USA) Type here to search o