Question: QUESTION 4 15 points Save Answer Evener Inc. has provided the following data for the most of July. There were no beginning inventories, consequently, the
QUESTION 4 15 points Save Answer Evener Inc. has provided the following data for the most of July. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month Work in process Finished Goods Cost of Goods Sold Total Direct materia $16.560 333.400 56,030 3.770 Direct labor 1630 $45.990 43,730 38.000 122.720 Manufacturing Overhead Applied 11,550 44.670 16.500 31300 Total Actual manufacturing overhead incurred for the month was $30,000 The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month 1. Determine the cost of work in process, finished goods, and cost of goods sold after allocation of the unperapplied or overapplied overhead for the period Regeleide the cost of work in process, fished goods and a 2. Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, and cost of goods sold Use these tables to answer this question Work in process Finished Goods Cost of Goods Sold Amounts Debit Credit
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