During April, Cavy Company incurred factory overhead as follows: Indirect materials $11,800 Factory supervision labor 4,600 Utilities 500 Depreciation (factory) 660 Equipment rental 770 Journalize the factory overhead incurred during April. If an amount box does not require an entry, leave it blank.

Lamonda Corporation uses a job order cost system. On April 1, the accounts had balances as shown in the T-accounts below: The following transactions occurred during April: a. Purchased materials on account at a cost of $232,170. b. Requisitioned materials at a cost of $112,200, of which $15,400 was for general factory use. c. Recorded unpaid factory labor of $225,200, of which $43,375 was indirect. d. Incurred other costs: Selling expense Factory utilities Administrative expenses Factory rent Factory depreciation e. Applied overhead at a rate equal to 137 percent of direct labor cost f. Completed jobs costing $263,150. g. Sold jobs costing $323,570. h. Recorded sales revenue (on account) of $501,000. Required: 1. & 2. Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. 3-a. Compute over- or underapplied manufacturing overhead. 3-b. If the balance in the Manufacturing Overhead account is closed directly to Cost of Goods Sold, will…

appears on the company's records. Materials inventory, June 30 Work-in-process inventory, June 30 Finished goods inventory, June 30 Cost of goods sold through June 30 Accounts payable (materials suppliers), June 30 Manufacturing overhead through June 30 Payroll payable, June 30 Withholding and other payroll liabilities, June 30 Overhead applied through June 30 A count of the inventories on hand July 31 shows the following: $ 42,900 ? 40,400 ● Manufacturing overhead incurred through July was $225,900. • Cost of goods sold through July 31 was $408,200. • Indirect materials cost during July was $3,300. • Overhead during July was underapplied by $2,500. Materials inventory Work-in-process inventory Finished goods inventory Interviews with various plant administrative employees August 1 reveal some additional information: • The company currently owes materials suppliers $53,000. • The company paid suppliers $39,200 cash during July. ● Plant payroll during July totaled $82,900, of which…

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