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well the first question is stated.

a. Provide an explanation and three (3) examples for Manufacturing Overhead. b. Explain the Predetermined Overhead Rate and how to compute the Applied Manufacturing Overhead for an individual job. c. Describe the Finished Goods Inventory Account and include: 1- What transactions include a debit to the Finished Goods Inventory Account. 2- What transactions include a credit to the Finished Goods Inventory Account. C a. Bearwood Company purchases $875,000 in materials on account. b. Bearwood Company incurs $400,000 in factory labor costs paid in cash. C. Bearwood Company's manufacturing overhead consisted of depreciation on equipment for $325,000 and prepaid insurance of $175,000 incurred on account d. Bearwood Company assigns materials to production: $325,000 for Sob 101, $250,000 for Job 102, and $155,000 for general use. e. Bearwood Company assigns labor to production : $200,000 for Job 101, $125,000 for Job 102, and $75,000 for general use f. Compute applied manufacturing overhead as 190% of direct labor costs Record entry for applied manufacturing overhead. 8. Record entry for completed cost of goods manufactured for Job 101. h. Bearwood Company sells Job 101 on account for $1,250,000. Record sales entry which includes cost of goods sold for Job 101. Record the entry to close-out the over- or under-applied manufacturing overhead amount at the end of the period. 1. Prepare journal entries in proper format for Bearwood Company. a. Account Name Debit Credit MacBook Air . RO a ELE - : 125 : : . GP 2 3 5 6 7 8 9 Q W E R Y U 0 A S D G H J N C > B N M ol option command 1. Prepare journal entries in proper format for Bearwood Company. a. Account Name Debit Credit Bearwood Company purchases $875,000 in materials on account. b. Account Name Debit Credit Bearwood Company incurs $400,000 in factory labor costs paid in cash. c. Account Name Debit Credit Bearwood Company's manufacturing overhead consisted of depreciation on equipment for $325,000 and prepaid insurance of $175,000 incurred on account d. Account Name Debit Credit Bearwood Company assigns materials to production: $325,000 for Job 101, $250,000 for Job 102, and $155,000 for general use. e. Account Name Debit Credit Bearwood Company assigns labor to production : $200,000 for Job 101, $125,000 for Job 102, and $75,000 for general use f. Account Name Debit Credit Compute applied manufacturing overhead as 190% of direct labor costs. Record entry for applied manufacturing overhead. Compute applied manufacturing overhead as 190% of direct labor costs. Record entry for applied manufacturing overhead. g. Account Name Debit Credit Record entry for completed cost of goods manufactured for Job 101. h. Account Name Debit Credit Bearwood Company sells Job 101 on account for $1,250,000. Record sales entry which includes cost of goods sold for Job 101. i. Account Name Debit Credit Record the entry to close-out the over- or under-applied manufacturing overhead amount at the end of the period. 2. Instructions for Posting (200 to 300 words - 60pts): a. Provide an explanation and three (3) examples for Manufacturing Overhead. b. Explain the Predetermined Overhead Rate and how to compute the Applied Manufacturing Overhead for an individual job. c. Describe the finished Goods Inventory Account and include: 1- What transactions include a debit to the Finished Goods Inventory Account. 2- What transactions include a credit to the Finished Goods Inventory Account