Homework Answers
a.
| General Journal | Debit | Credit |
| Work in process | 600,000 | |
| Factory overhead | 600,000 |
b.
Actual overhead = Applied factory overhead - Overhead applied Factory overhead
= 600,000-36,000
= $564,000
c.
| General Journal | Debit | Credit |
| Factory overhead | $36,000 | |
| Cost of goods sold | $36,000 |
d.
Ending balance in cost of goods sold = Cost of goods sold beginning - Overhead applied factory overhead
= 500,000-36,000
= $464,000
Kindly comment if you need further assistance. Thanks‼!
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