Ch. 11: Homework Sayed Help Save & Ext Submit Check my work Walton Company and Zachary Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year. points Actual manufacturing overhead Actual direct labor hours Underapplied overhead Overapplied overhead Walton Company $135,000 21,000 Zachary Company $219,000 22,000 15,500 $ 22,500 References Required a. Compute the predetermined overhead rate for each company. b. Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial. Complete this question by entering your answers in the tabs below. Required A Required B Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial Graw Hill Prey 4 of 6 Next > newcomeL L UM Saved Ch. 11: Homework Help Save & Exit Check mi company, assuming the amounts are immaterial. Complete this question by entering your answers in the tabs below. points Required A Required B eBook Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial. References Adjusting Entry for Walton Company: Manufacturing Overhead Cost of Goods Sold Adjusting Entry for Zachary Company Manufacturing Overhead Cost of Goods Sold