Question: ultiple X Connect X C Get Homework Help With X * Chapter 14 review card.do x chap002(3) : ACC 201 & https/ezto.mheducation.com/ext/map/index.html?_con=con&external_browser.. G i Saved


ultiple X Connect X C Get Homework Help With X * Chapter 14 review card.do x chap002(3) : ACC 201 & https/ezto.mheducation.com/ext/map/index.html?_con=con&external_browser.. G i Saved Rieb Incorporated has provided the following data for the month of September. There were no beginning inventories; consequently the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Cost of Goods Direct materials Work In Process Finished Goods Sold Total $ 8,810 $ 47,330 Direct labor $ 3,730 $ 59,870 9, 890 24, 140 130,070 164, 100 26 Manufacturing overhead applied 6, 360 11, 130 62, 010 79,500 Total $ 19,980 $ 44, 080 $ 239,410 $ 303, 470 Manufacturing overhead for the month was overapplied by $7,250 The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold the end of the month on the basis of the overhead applied during the month in those accounts. Required: Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, an cost of goods sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
