Wowza Corporation manufactures party supplies and uses a predetermined overhead. The CFO has estimated total manufacturing costs to be $108,500, and the activity driver labor hours, which are estimated to be 62,000 hours. The following beginning balances are below: Work in Process $ 19,800 Finished Goods $ 37,100 Prepare these journal entries: #1) Manufacturing overhead was applied using 68,000 direct labor hours. #2) Seventy-five percent of Work in Process was transferred to the Finished Goods department. Please provide two journal entries.