ework #2 Saved 1 Exercise 3-36 Actual versus Normal Costing (LO 3-4, 3-5) The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) wok ences Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate $205,000 364,000 20,000 20,000 $ 13 $340,000 11,000 $ 18,000 16 Help Save & Exit Submit Required: Prepare a journal entry to add to work-in-process inventory the total manufacturing overhead cost for the year, assuming 1. The firm uses actual costing. 2. The firm uses normal costing, with a predetermined overhead rate based on machine hours. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 Journal entry worksheet < 1 2 Book arences Record entry to add manufacturing overhead to work in process (assume firm uses actual costing). Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Clear entry Record entry Next > WUIR #2 ces Journal entry worksheet < 1 2 Saved Record entry to add manufacturing overhead to work in process (assume firm uses predetermined overhead rate). Note: Enter debits before credits, Transaction 2 General Journal Debit Credit View general journal Record entry Clear entry Help Save & Exit Submit