At the End of the Last Fiscal Year,Marriott Company Had

question 105

Multiple Choice

At the end of the last fiscal year,Marriott Company had the following account balances: If the most common treatment of assigning overapplied overhead were used,the final balance in Cost of Goods Sold is:

• A)$974,000.
• B)$974,660.
• C)$985,340.
• D)$986,000.

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Definitions:

Return on Assets

A profitability ratio that measures how efficiently a company can generate profit from its assets.