At the Beginning of the Year,Springfield Manufacturing Had the Following

question 145

Multiple Choice

At the beginning of the year,Springfield Manufacturing had the following account balances: The following additional details are provided for the year:
After recording all these transactions and adjusting for the over/underallocated overhead,the ending balance in the Cost of Goods Sold account is a ________.

• A) debit of $437,300
• B) debit of $447,300
• C) credit of $447,300
• D) debit of $442,300

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