Marlan Manufacturing M applies manufacturing overhead to jobs based on direct labor costs. For Year M estimates Its
manufacturing overhead to be $ and Its direct labor costs to be $ worked on three jobs for the year. Job
which was sold during Year had actual direct labor costs of $ Job which was completed but not sold at the end of the
year, had actual direct labor costs of $ Job which is still in workInprocess inventory, had actual direct labor costs of
$ Actual manufacturing overhead for Year was $
Required:
Prepare an entry to allocate over or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold.
Note: If no entry ls required for a transactionevent select No journal entry required" In the first account fleld.
Journal entry worksheet
A
Record the allocation of over or underapplied overhead.
Note: Enter debits before credits.
