WP Homework X WP NWP Asses X WP Wiley Cour X C The followi X C Current Att X C part c pleas x | part c pleas x | part c pleas x C part c pleas x C part c pleas x C part c plea: x C part c plea: x Accounting x - F- C education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=6291fd5d-1fe8-46ce-ad26-8d332101c83e#/question/5 M Gmail Youtube Maps / Home - my.utrgv.... Member Enrollme... Discover Card: Yo... citi Citibank Online Login to Your Onli.. 24 Essays24 V eTextbooks | Rent... a Amazon Sign-In Sierra Title Messa... [ Gi (22) Handshake - Homework-Chapter 6 Question 6 of 10 > 0.67 /13 ... e Textbook and Media Attempts: 2 of 3 used (c) Record the journal entry to close out the MOH difference by prorating it to the appropriate inventory/cost accounts based on their ending balances. (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 Cost of Goods Sold WIP Inventory FG Inventory MOH Control eTextbook and Media Save for Later Last saved 3 minutes ago. Attempts: 0 of 3 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. . .WP Homework X WP NWP Asses X WP Wiley Cour X C The followi X C Current Att X | part c pleas x | part c pleas x | part c pleas x C part c pleas x C part c pleas x C part c plea: x C part c plea: x Accounting x - F- C education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=6291fd5d-1fe8-46ce-ad26-8d332101c83e#/question/5 M Gmail YouTube Maps Home - my.utrgv.... Member Enrollme... Discover Card: Yo... citi Citibank Online Login to Your Onli... ) Essays24 V eTextbooks | Rent... a Amazon Sign-In Sierra Title Messa.. [ Gi (22) Handshake - Homework-Chapter 6 Question 6 of 10 0.67 /1 ... View Policies Show Attempt History Current Attempt in Progress Flint, a coffee-mug producer, generally conducts over half of its business in the last month of the calendar year due to holiday sales. By the end of December, its fiscal year-end, Flint had accumulated Cost of Goods Sold in the amount of $249,000. Flint's business model is to maintain minimal WIP Inventory and FG Inventory, so these two accounts had balances of just $14,000 and $19,000, respectively, on December 31. Flint does hold a fair amount of RM Inventory, however, so it will be able to quickly fulfill its orders. As a result, its December 31 RM Inventory (all direct materials) is $84,000. Flint utilizes a normal costing system, in its effort to have timely applied MOH information for each custom job, and its budgeted MOH rate is $2.25/direct labor hour. Budgeted MOH at the beginning of the year was $154,000; actual MOH costs incurred by the end of the year were $152,000. Actual direct labor hours used were 65,000. (a) Your answer is correct. Was Flint's MOH cost for the year under- or overapplied? By how much? MOH cost was underapplied by $ 5750 e Textbook and Media Attempts: 1 of 3 used (b)