Assume That a Company Closes Any Remaining Balances in the Manufacturing

question 41

Short Answer

Assume that a company closes any remaining balances in the manufacturing overhead control account to cost of goods sold account. If the company has overapplied its manufacturing overhead the company would record which of the following entries: a. DR cost of goods sold
CR manufacturing overhead control
B) DR work-in-process
CR cost of goods sold
C) DR manufacturing overhead control
CR cost of goods sold
D) DR cost of goods sold
CR cost of goods manufactured

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Definitions:

Pain Scale

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