General ledger relationships, under- and overallocation. (S. Sridhar, adapted) Needham Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Needham for 2011 are as follows: Direct manufacturing labor wage rate was$15 per hour. Manufacturing overhead was allocated at $20 per direct manufacturing labor-hour. During the year, sales revenues were $1,090,000, and marketing and distribution costs were $140,000. General ledger relationships, under- and overallocation. (S. Sridhar, adapted) Needham Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Needham for 2011 are as follows: Direct manufacturing labor wage rate was$15 per hour. Manufacturing overhead was allocated at $20 per direct manufacturing labor-hour. During the year, sales revenues were $1,090,000, and marketing and distribution costs were $140,000