O V education.wiley.com C W Chapter 8 Assignment W NWP Assessment Player UI Application Chapter 8 Assignment Question 2 of 2 0.45/1 ... The following T-accounts provide selected data about Blossom's financial results for the year. Sadly, several key components went missing after a thief broke into the Blossom accounting office: RM Inventory Beg. Bal. 22,700 75,100 End. Bal. 18,100 WIP Inventory Beg. Bal. 52,600 282,100 DM 72,100 DL 90,100 Applied MOH 112,700 End. Bal. FG Inventory Beg. Bal. 90,100 ? End. Bal. 72,200 MOH Control O V education.wiley.com C W Chapter 8 Assignment W NWP Assessment Player UI Application Chapter 8 Assignment Question 2 of 2 > 0.45 / 1 MOH Control (Total debits during the year) 111,100 ? (a) V Your answer is correct. What is the amount of indirect material cost incurred this period? Indirect material cost $ 7600 eTextbook and Media Assistance Used Attempts: 1 of 3 used (b) V Your answer is correct. O V education.wiley.com C W Chapter 8 Assignment W NWP Assessment Player UI Application Chapter 8 Assignment Question 2 of 2 > 0.45 /1 (b) V Your answer is correct. Specify whether MOH for the period was under- or overapplied, and by how much. MOH for the period was overapplied by $ 1600 eTextbook and Media Assistance Used e Textbook 1 e Textbook 2 e Textbook 3 Attempts: 1 of 3 used ( c) V Your answer is correct. Determine the COGS amount for this period (before any MOH difference would have been closed out). O V education.wiley.com C W Chapter 8 Assignment W NWP Assessment Player UI Application Chapter 8 Assignment Question 2 of 2 0.45 / 1 (c) V Your answer is correct. Determine the COGS amount for this period (before any MOH difference would have been closed out). COGS $ 300000 eTextbook and Media Attempts: 1 of 3 used (d) Prepare the journal entry to close out the MOH difference, given that the company wants to prorate it to the appropriate accounts based on their ending balances (before proration) (round proportions to four decimal places, if necessary). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round proportions to four decimal places, e.g. 0.5250 and final answers to 2 decimal places, e.g. 5,275.25.) Account Titles and Explanation Debit Credit MOH Control 4 1600 O V education.wiley.com C W Chapter 8 Assignment W NWP Assessment Player UI Application Chapter 8 Assignment Question 2 of 2 > 0.45 /1 ... eTextbook and Media Attempts: 1 of 3 used (d) Prepare the journal entry to close out the MOH difference, given that the company wants to prorate it to the appropriate accounts based on their ending balances (before proration) (round proportions to four decimal places, if necessary). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round proportions to four decimal places, e.g. 0.5250 and final answers to 2 decimal places, e.g. 5,275.25.) Account Titles and Explanation Debit Credit MOH Control 1600 WIP Inventory FG Inventory Cost of Goods Sold eTextbook and Media Save for Later Attempts: 0 of 3 used Submit