record the journal entry to close over or under applied factory overhead to cost of 648379
Record the journal entry to close over or under applied factory overhead to Cost of Goods Sold for each of the independent cases below.
Actual indirect materials costs |
$12,000 |
$ 6,500 |
Actual indirect labor costs |
56,000 |
46,500 |
Other overhead costs |
17,000 |
49,000 |
Overhead applied |
96,200 |
106,800 |