Prepare the adjusting journal entries in the book of HR Agency at March, 31.

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Mala Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 16,120 hours and the total estimated manufacturing overhead was $425,680. At the end of the year, actual direct labor hours for the year were 17,355 hours and the actual manufacturing overhead for the year was $315,600. Overhead at the end of the year was _.

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Chapter 4, Problem 9E

To determine

Prepare the adjusting journal entries in the book of HR Agency at March, 31.

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Mala Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 16,120 hours and the total estimated manufacturing overhead was $425,680. At the end of the year, actual direct labor hours for the year were 17,355 hours and the actual manufacturing overhead for the year was $315,600. Overhead at the end of the year was _.

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