In a Job-Order Costing System, the Amount of Overhead Cost

question 91

Multiple Choice

In a job-order costing system, the amount of overhead cost that has been applied to a job that remains incomplete at the end of a period is:

• A)transferred to Finished Goods at the end of the period.
• B)closed to Cost of Goods Sold.
• C)deducted on the Income Statement as overapplied overhead.
• D)part of the ending balance of the Work in Process inventory account.

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