Question: PROBLEM 2: Use the two accounts below to answer questions a., b. and c. Work In Process for November Bal. 4,000 (7) 35,000 (4) 9,000

PROBLEM 2: Use the two accounts below to answer questions a., b. and c.

Work In Process for November

Bal.

4,000

(7)

35,000

(4)

9,000

(5)

5,000

(6)

???

Bal.

3,000

Manufacturing Overhead

(8)

8,000

(11)

???

(9)

11,000

(10)

6,000

Bal.

5,000

a. How much overhead was applied to production this period? ___________________

b. Is MOH over or underapplied? ________________________________

c. Do a cost of goods manufactured schedule below using direct materials of $9,000 and direct labor of $5,000, and other numbers as needed from the two accounts above. Write small and concisely; abbreviating labels is always fine. These are management reports, not financial statements.

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