Shellenback Incorporated has provided the following information for the year ended 20x8:
a. Purchased raw materials on account for $201,800.
b. Issued $186,800 in raw materials to production ($13,800 were not traceable to specific jobs).
c. Incurred $156,800 in direct labor costs (16,550 hours), $54,300 in supervision costs (paid in cash).
d. Incurred the following additional manufacturing overhead costs: factory lease $23,800 (paid in cash); depreciation on equipment
$27,800; factory utilities $15,300 (paid in cash).
e. Incurred the following nonmanufacturing costs, both paid in cash: advertising $56,800; sales commissions $59,800.
f. Applied manufacturing overhead to jobs in process at a rate of $9 per direct labor hour.
g. Completed jobs costing a total of $458,800.
h. Sold jobs for $736,800 on account. The cost of the jobs was $442,800.
i. Closed the manufacturing overhead account balance.
Required:
Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry
Required" in the first account field.)
View transaction list
Journal entry worksheet
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Record the entry to close Manufacturing Overhead Account.
Note: Enter debits before credits.
