Actual Overhead During the Year Was More Than Applied Overhead $\quad$

question 50

Multiple Choice

Actual overhead during the year was more than applied overhead, the journal entry to close the Overhead account for the difference?

• A) Overhead \(\quad \)XX
• \(\quad \)\(\quad \)?Cost of Goods Sold \(\quad \)XX
• B) Cost of Goods Sold \(\quad \)XX
• \(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)Overhead \(\quad \) XX
• C) Overhead \(\quad \) XX
• \(\quad \)\(\quad \)Finished Goods Inventory \(\quad \) XX
• D) Cost of Goods Sold \(\quad \) XX
• \(\quad \)\(\quad \)\(\quad \) Finished Goods Inventory \(\quad \)XX

---

Definitions:

Image

The perception or representation of someone or something as reflected through media, design, or public opinion.

Comparative Advertising

A marketing strategy where a brand compares its products or services directly with those of competitors in order to highlight its advantages.

Citrucel

A brand of fiber supplement that is used to treat constipation and maintain digestive health.

Metamucil

A brand of fiber supplement that is commonly used to treat constipation and improve digestive health.