Multiple Choice
If overhead was overapplied during the accounting period by an insignificant amount,the The entry to close the Mdispose of overapplied manufacturing Ooverhead account will include a:
A) Debit to cost of goods soldCost of Goods Sold and a credit to manufacturing overheadManufacturing Overhead.
B) Debit to cost of goods soldCost of Goods Sold and a credit to finished goodsFinished Goods Inventory.
C) Debit to manufacturing overheadManufacturing Overhead and a credit to cost of goods soldCost of Goods Sold.
D) Debit to finished goodsFinished Goods Inventory and a credit to manufacturing overheadManufacturing Overhead.
Correct Answer:

Verified
Correct Answer:
Verified
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