Retro Furniture Pty Ltd uses a job order costing system. The September cost data were as follows.

Machine hours for September were 55 700 hours, and the business applies factory overhead to production at a rate of $5.60 per machine hour. The beginning raw materials inventory was $40 000. The beginning work in process inventory was $66 800. The beginning and ending finished goods inventories were $99 000 and $128 000 respectively. Ignore GST.
Required

(a) Prepare general journal entries to record the September transactions.

(b) Was overhead overapplied or underapplied for the month of September?

(c) Calculate the ending balances of raw materials and work in process.

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Raw materials purchased on credit Direct labour costs Raw materials issued to production Actual factory overhead costs (including depreciation of $27240) Cost of goods manufactured Sales (all credit) $ 354000 366 600 329 400 275 000 944 600 1040 200