Gressett Inc

question 111

Multiple Choice

Gressett Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Manufacturing overhead for the month was overapplied by $6,000.
The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

-The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for April would include the following:

• A)debit to Finished Goods of $44,280
• B)credit to Finished Goods of $960
• C)debit to Finished Goods of $960
• D)credit to Finished Goods of $44,280

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Definitions:

Oculovestibular Response

A neurologic test involving the stimulation of the vestibular system in the inner ear to assess brainstem function.

Doll's Head Maneuver

A neurological test that assesses the reflexive movement of the eyes in response to movement of the head, used to evaluate brainstem function.

Pyramidal Tract Lesions

Damage or injuries to the pyramidal tracts, which are major pathways in the central nervous system that transmit motor signals from the brain to the spinal cord and control voluntary movements.

Computed Tomography

A diagnostic imaging technique that uses a series of computer-processed combinations of many X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing the user to see inside the object without cutting.