What Is Done with Factory Overhead in Normal Costing

question 3

Multiple Choice

What is done with factory overhead in normal costing?

• A)The balance in factory overhead at the end of the accounting period is closed.
• B)Different overhead rates are used for different quantities of predicted activity.
• C)The balance in factory overhead at the end of the accounting period is kept open.
• D)The immaterial balance in factory overhead at the end of the accounting period is allocated to the cost of goods sold and inventory accounts.

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Automobile Mechanic

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