EB5. LO 4.3 Steinway's records show their work in process inventory had a beginning balance of $3,000 and an ending balance of $3,500. How much overhead was applied if the records also show the following: Materials used Direct labor Cost of goods manufactured $2,500 5,000 7,700 EB13. LO 4.7 During the month, Job Arch2 used specialized machinery for 350 hours and incurred $700 in utilities on account, $400 in factory depreciation expense, and $200 in property tax on the factory. Prepare journal entries for the following: A. Record the expenses incurred. B. Record the allocation of overhead at the predetermined rate of $1.50 per machine hour. EB14. LO 4.7 Job 113 was completed at a cost of $7,500, and Job 85 was completed at a cost of $2,300 and sold on account for $4,500. Prepare journal entries for the following: A. Completion of Job 113. B. Completion and sale of Job 85