At the End of the Year,Metro,Inc

question 184

Multiple Choice

At the end of the year,Metro,Inc.has an unadjusted credit balance in the Manufacturing Overhead account of $890.Which of the following is the year-end adjusting entry needed to adjust the account?

• A)A debit to Cost of Goods Sold of $890 and a credit to Finished Goods Inventory of $890
• B)A debit to Manufacturing Overhead of $890 and a credit to Finished Goods Inventory of $890
• C)A debit to Manufacturing Overhead of $890 and a credit to Cost of Goods Sold of $890
• D)A debit to Cost of Goods Sold of $890 and a credit to Manufacturing Overhead of $890

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Definitions:

Babbling

The production of consonant-vowel sequences by infants, which precedes language acquisition and is essential for the development of speech and communication.

Broca's Area

a region in the frontal lobe of the dominant hemisphere, usually the left, of the hominid brain with functions linked to speech production.

Speech Production

The process by which thoughts are translated into spoken language, involving the coordination of mental, neurological, and physiological activities.

Comprehension

The mental process involved in understanding, interpreting, and making sense of information, texts, and ideas.