When Underapplied or Overapplied Manufacturing Overhead Is Prorated, to Which

question 73

Multiple Choice

When underapplied or overapplied manufacturing overhead is prorated, to which of the following accounts can amounts be assigned?

• A) Direct materials, manufacturing overhead and direct labour
• B) Cost of goods sold, work in process and finished goods
• C) Direct materials, finished goods and cost of goods sold
• D) Direct materials, work in process inventory and finished goods inventory

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