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16-10 - 16-10 16-26(1(2(a $50,500(amount transferred from...

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16-10 16-26 (1) (2) (a) $50,500 (amount transferred from Goods-in-Process) (b) $750 (balance in Factory Overhead) Factory Overhead Bal 11/1 $ 0 + 7,000 (actual factory overhead costs from November) — 7,500 (applied factory overhead costs from November) + 500 (indirect materials) + 1,250 (indirect labor) + 17,000 (other) — 17,500 (applied factory overhead costs from December) Bal 12/31 $ 750 (3) The factory overhead is underapplied by $750 (because the applied is less than the actual). At the end of the year, this amount will be
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