The Following Data Is Available for Sykes Company, a Small $\quad$

question 326

Multiple Choice

The following data is available for Sykes Company, a small manufacturing firm, for the month of October:
Actual manufacturing overhead costs incurred $\quad$ $56,000
Manufacturing overhead Allocated to jobs $\quad$$\quad$ 58,000
Over allocated manufacturing overhead $\quad$$\quad$$\quad$ $2,000

Assume that the amount of over allocated manufacturing overhead is not material.
Sykes Company will dispose of the under allocation by

• A) increasing cost of goods sold by $2,000.
• B) decreasing cost of goods sold by $2,000.
• C) reducing cost of goods manufactured by $2,000.
• D) decreasing cost of goods manufactured by $2,000.

---

Definitions:

Alzheimer's Disease

A progressive neurodegenerative disease characterized by memory loss, cognitive impairment, and functional decline.

Hippocampus

A major component of the brain, vital for memory formation and spatial navigation, located within the temporal lobe.

Memory

The cognitive process of encoding, storing, and retrieving information.

Oldest Old

Refers to individuals typically age 85 years and older, considered to be the fastest-growing segment of the elderly population.