value 10.00 points JK Concert Promotions 12,000 EL Home Builders Actual indirect materials costs Actual indirect labor costs Other overhead costs Overhead applied $ 56,000 17,000 96,200 $ 6,500 46,500 49,000 106,800 Record the journal entry to close over-or underapplied factory overhead to Cost of Goods Sold for each of the independent cases above. (Omit the “$” sign in your response.) General Journal JK Concert Promotions (Click to select) (Click to select) EL Home Builders (Click to select) Click to select Hints References Hint #1
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Question & Answer: value 10.00 points JK Concert Promotions 12,000 EL Home Builders Actual indirect materials costs Actual indirect labor costs…..
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As multiple questions have been asked, only one cn be answered at a time. | |||
JK Concert Promotions: | |||
Factory overhead | 11200 | =96200-(12000+56000+17000) | |
Cost of goods sold | 11200 | ||
EL Home Builders: | |||
Factory overhead | 4800 | =106800-(6500+46500+49000) | |
Cost of goods sold | 4800 |