Bars Develop Window Help DON w businesscourse.com o CHO urn to co 3 My Souscriptions DLANDO HERRERA Just 4 y morrect Warko 17.00 . Applied vs. Actual Manufacturing Overhead Sloan Manufacturing Corporation applies manufacturing overhead on the basis of 120% of direct labor cost, An analysis of the related accounts and job order cost sheet Indicates that during the year total manufacturing overhead incurred was 5630,000 and that at year-end Work in Process inventory, Finished Goods Inventory, and Cost of Goods Sold included $90,000, 560,000, and $450,000, respectively, of direct labor incurred during the current year a. Determine the ever-applied manufacturing overhead at year-end (assume it is significant Applied Manufacturing Overhead Work in process 1 OX Finished goods Cost of goods sold OX Total: $ OX 0 Over-applied manufacturing overheads 0 b. Prepare a journal entry to record the disposition of the overapplied manufacturing overhead General Journal Description Debit Credit Manufacturing overhead OX 0 Work in process inventory S O OX Finished goods inventory 0 OX Cost of goods sold 0 OX