Filippucci Company Used a Budgeted Indirect-Cost Rate for Its Manufacturing

question 178

Multiple Choice

Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000) .

-Under the writeoff approach, the difference between Manufacturing Overhead Control and Manufacturing Overhead Allocated is adjusted in the ________.

• A) Cost of Goods Sold account
• B) Work-in Process account
• C) Manufacturing Overhead account
• D) Miscellaneous Expenses account