Goods sold as of the end of the year as follows: work in process, ending $ 21,600 finished goods, ending 60,000 cost of goods sold 312,000 overhead applied $ 393,600 for example, of the $45,000 ending balance in work in process, $21,600 was overhead that had been applied during the year. required: 1. identify reasons for entries (a) through (d). 2. assume that the underapplied or overapplied overhead is closed to cost of goods sold. prepare the necessary journal entry. 3. assume that the underapplied or overapplied overhead is closed proportionally to work in process, finished goods, and cost of goods sold. prepare the necessary journal entry.

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?