The Journal Entry to Write-Off an Insignificant Underapplied Overhead Balance

question 86

Multiple Choice

The journal entry to write-off an insignificant underapplied overhead balance at the end of an accounting period is:
$$\begin{array} { | l | l | c | c | } \hline \text { A. } & \text { Applied Manufacturing Overhead } & \mathrm { xxx } & \\\hline & \text { Cost of Goods Sold } & \mathrm { xxx } & \\\hline & \text { Manufacturing Overhead Control } & & \mathrm { xxx } \\\hline\end{array}$$
$$\begin{array} { | l | l | c | c | } \hline \text { B. } & \text { Applied Manufacturing Overhead } & \mathrm { xxx } & \\\hline& \text { Cost of Goods Sold } & & \mathrm { xxx } \\\hline & \text { Manufacturing Overhead Control } & & \mathrm { xxx } \\\hline\end{array}$$
$$\begin{array} { | l | l | l | l | } \hline \text { C. } & \text { Applied Manfacturing Overhead } & \mathbf { x x x } & \\\hline& \text { Work-In-Process Inventory } & \mathbf { x x x } & \\\hline &\text { Finished Goods Inventory } & \mathbf { x x x } & \\\hline &\text { Cost of Goods Sold } & \mathbf { x x x } & \\\hline& \text { Manufacturing Overhead Control } & & \mathbf { x x x } \\\hline\end{array}$$
$\begin{array}{|l|l|c|c|}\hline \text { D. }& \text {Applied Manufacturing Overhead } & \mathrm{xxx} & \\\hline& \text { Work-In-Process Inventory } & & \mathrm{xxx} \\\hline &\text { Finished Goods Inventory } & & \mathrm{xxx} \\\hline &\text { Cost of Goods Sold } & & \mathrm{xxx} \\\hline &\text { Manufacturing Overhead Control } & & \mathrm{xxx} \\\hline\end{array}$

• A) Option A
• B) Option B
• C) Option C
• D) Option D

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