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The Journal Entry to Record the Allocation of Any Underapplied

Question 137

Multiple Choice

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


A) debit to Cost of Goods Sold of $66,060
B) credit to Cost of Goods Sold of $66,060
C) debit to Cost of Goods Sold of $1,100
D) credit to Cost of Goods Sold of $1,100

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