Star Promotions 1-a. Determine whether overhead is overapplied or underapplied. 1-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Builders 2-a. Determine whether overhead is overapplied or underapplied. 2-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Star Promotions 1-a. Determine whether overhead is overapplied or underapplied. 1-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Builders 2-a. Determine whether overhead is overapplied or underapplied. 2-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Exercise 15-25 (Algo) Closing over- or underapplied overhead LO P4
Star Promotions | Valle Builders | |
---|---|---|
Indirect materials | $ 12,300 | $ 7,000 |
Indirect labor | 56,200 | 46,100 |
Other overhead | 17,200 | 49,900 |
Overhead applied | 93,000 | 98,800 |
Star Promotions
1-a. Determine whether overhead is overapplied or underapplied.
1-b. Prepare the
Valle Builders
2-a. Determine whether overhead is overapplied or underapplied.
2-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
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Follow-up Question
The table inputs are still wrong..........
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f9
Complete this question by entering your answers in the tabs below.
Req 1A
Applied overhead
9144
Reg 1B
Determine whether overhead is overapplied or underapplied.
Factory Overhead-Star
85,700 x
Overapplied overhead
f10
7 9
Req 2A
76.400
f11
Reg 26
9,300 Other overhead
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Reg 18
Next >
24
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Transcribed Image Text:*
f9
Complete this question by entering your answers in the tabs below.
Req 1A
Applied overhead
9144
Reg 1B
Determine whether overhead is overapplied or underapplied.
Factory Overhead-Star
85,700 x
Overapplied overhead
f10
7 9
Req 2A
76.400
f11
Reg 26
9,300 Other overhead
< Prev 6 of 10 E
f12
94°F
+
Reg 18
Next >
24
insert
4
ADREZE «»)
prt sc
8
![主事
Reg 1A
Applied overhead
9 144
Reg 24
D
Determine whether overhead is overapplied or underapplied.
at bay
f10
►ll
Factory Overhead-Valle
10.300 X
N
Rag 20
f11
98,800 Other overhead
Reg 18
Overapplied
overhead
< Prev 6 - 10
6 of 10 # Next >
f12
3 94°F ~ G
}
Req 28 >
]
+
@ / 60
insert
}
r
prt sc
8:52 PM
7/20/2022
backspace
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Transcribed Image Text:主事
Reg 1A
Applied overhead
9 144
Reg 24
D
Determine whether overhead is overapplied or underapplied.
at bay
f10
►ll
Factory Overhead-Valle
10.300 X
N
Rag 20
f11
98,800 Other overhead
Reg 18
Overapplied
overhead
< Prev 6 - 10
6 of 10 # Next >
f12
3 94°F ~ G
}
Req 28 >
]
+
@ / 60
insert
}
r
prt sc
8:52 PM
7/20/2022
backspace
d
Solution
Follow-up Question
![poter 15 Homework
(O
S
03:37:04
eBook
Hint
Graw
#
ezto.mheducation.com/ext/map/in... Q 12 ✰ ✰ ✰ ☐ :
Indirect labor
Other overhead
Overhead applied
56,200
17.200
93,000
Reg 1B
X
Star Promotions
1-a. Determine whether overhead is overapplied or underapplied.
1-b. Prepare the Journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Valle Builders
Complete this question by entering your answers in the tabs below.
Saved
2-a. Determine whether overhead is overapplied or underapplied.
2-b. Prepare the Journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Req 2A
46,100
49.900
98,888
< Prev
Determine whether overhead is overapplied or underapplied.
Factory Overhead-Star
G
Reg 20
6 of 10 ⠀⠀⠀
94°F
Help Save & Exit Submit
Req 1B >
Next >
Check my work
O (54)
8:21 PM
7/20/2022
3](https://content.bartleby.com/qna-images/question/e6c38024-341d-4c99-b28d-b7935344fc22/9ada1c27-eee0-44a4-8e4f-ca99bbafaed9/dkfvdfj_thumbnail.jpeg)
Transcribed Image Text:poter 15 Homework
(O
S
03:37:04
eBook
Hint
Graw
#
ezto.mheducation.com/ext/map/in... Q 12 ✰ ✰ ✰ ☐ :
Indirect labor
Other overhead
Overhead applied
56,200
17.200
93,000
Reg 1B
X
Star Promotions
1-a. Determine whether overhead is overapplied or underapplied.
1-b. Prepare the Journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Valle Builders
Complete this question by entering your answers in the tabs below.
Saved
2-a. Determine whether overhead is overapplied or underapplied.
2-b. Prepare the Journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Req 2A
46,100
49.900
98,888
< Prev
Determine whether overhead is overapplied or underapplied.
Factory Overhead-Star
G
Reg 20
6 of 10 ⠀⠀⠀
94°F
Help Save & Exit Submit
Req 1B >
Next >
Check my work
O (54)
8:21 PM
7/20/2022
3
Solution
Follow-up Question
Question 1-a. says to determine whether
Solution
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