| Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, and cost of goods sold. (Omit the "$" sign in your response.) General Journal Debit Credit | Evener Inc. has provided the following data for the month of July. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. | | | Work in Process | Finished Goods | Cost of Goods Sold | Total | | Direct materials | $ | 3,900 | $ | 11,900 | $ | 51,600 | $ | 67,400 | | Direct labor | | 3,400 | | 14,300 | | 66,400 | | 84,100 | | Manufacturing overhead | | 5,720 | | 8,840 | | 37,440 | | 52,000 | | | | | | | | | | | | Total | $ | 13,020 | $ | 35,040 | $ | 155,440 | $ | 203,500 | | | | | | | | | | | | | | Manufacturing overhead for the month was overapplied by $6,400. | | | | The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. | | Required: | | Determine the cost of work in process, finished goods, and cost of goods sold AFTER allocation of the underapplied or overapplied overhead for the period. (Round your intermediate calculations to nearest whole number. Omit the "$" sign in your response.) | | | Cost | | Work in process | $ | | Finished goods | | | Cost of goods sold | | | | | | Total | $ | | | | | | |
