Crowl, Inc

Multiple Choice

Crowl, Inc.determined that $200,000 of manufacturing overhead was over-applied at the end of the year.If the amount is material, to which accounts should this amount be allocated at the end of the year?

A) Raw materials inventory, work in process inventory, and cost of goods sold
B) Finished goods inventory, work in process inventory, and cost of goods sold
C) Cost of goods sold only
D) Work in process inventory only