Rieb Inc.has provided the following data for the month of September.There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. 
Manufacturing overhead for the month was overapplied by $7,000.
The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.
Required:
Provide the journal entry that would record the allocation of underapplied or overapplied among work in process, finished goods, and cost of goods sold.
Definitions:
Southern Veto
The power exercised by Southern states or politicians to block legislation or actions they oppose, often related to civil rights or other social issues.
"Share Our Wealth" Movement
A program proposed by Senator Huey Long during the 1930s that aimed to reduce the nation's wealth inequality by distributing wealth more evenly amongst the American people.
Court-packing Plan
A controversial proposal by President Franklin D. Roosevelt in 1937 to increase the number of U.S. Supreme Court justices, aiming to obtain favorable rulings for his New Deal legislation.
CIO
Stands for Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955.
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