Bronco Company uses normal costing in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. (1a) (1b) Now prepare the journal entry to allocate manufacturing overhead. Journal Entry 12/1 Bal. Purchases 12/31 Bal. Work-in-Process Control Manufacturing Overhead Control Wages Payable Control 12/1 Bal. COGM Work-in-Process Control Requirement 2. Use T-accounts to compute the following transactions. (Click the icon to view the transactions.) 12/31 Bal. Manufacturing Overhead Allocated Accounts p me solve this Materials Control 2,200 66,400 8,600 Accounts Materials req. For direct labor and manufacturing overhead in the Work-in-Process account, enter the amounts for 12/30 and 12/31 separately to get the correct ending balance for each date. (Abbreviation used: MOH = Manufac COGS = Cost of goods sold.) 12/31 Bal. 4,500 235,000 COGS Finished Goods Control Etext pages 12/31 Bal. 60,000 259000 19500 Get more help. 12/1 Bal. Materials req. Direct labor MOH allocated Debit 12/30 Bal. Direct labor MOH allocated 12/31 Bal. 4,350 1,450 Debit 6,090 Credit 5,800 Credit 6,090 Work-in-Process Control 6,800 60,000 177300 9100 COGM 18200 12/30 Bal. 4,350 6.090 19,540 12/31 Bal. C 235,000 More info Additional information follows: a. b. C. d. e. f. Direct materials purchased during December were $66,400. Cost of goods manufactured for December was $235,000. No direct materials were returned to suppliers. No units were started or completed on December 31 and no direct materials were requisitioned on December 31 The manufacturing labor costs for the December 31 working day: direct manufacturing labor, $4,350, and indirect manufacturing labor, $1,450. Manufacturing overhead has been allocated at 140% of direct manufacturing labor costs through December 31. Data table Materials Control Print Work-in-Process Control Manufacturing Department Overhead Control Finished Goods Control Reference $ Done Beginning Balance 12/1 2,200 6,800 0 4,500 Ending Balance 12/30 $ 8,600 9,100 94,500 19,500 a. The total amount of materials requisitioned into work-in-process during December b. The total amount of direct manufacturing labor recorded in work-in-process during December (Hint: You have to solve requirements 2b and 2c simultaneously) c. The total amount of manufacturing overhead recorded in work-in-process during December - X d. Ending balance in work in process, December 31 e. Cost of goods sold for December before adjustments for under- or overallocated manufacturing overhead