An inexperienced accountant made the following entries.In each case, the explanation to the entry is correct. 
Required:
Prepare the correcting journal entries.
Definitions:
Overtime
Additional hours worked beyond the standard working hours, often resulting in higher pay rates.
Master Production Schedule
A plan for the production of individual items at specific times in the future.
Aggregate Plan
A medium-term plan that outlines the total production levels, inventory, and workforce size required to meet anticipated demand.
Safety Inventory
A buffer stock kept to protect against variability in demand or supply, ensuring sufficient product availability.
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