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The Journal Entry to Record the Allocation of Any Underapplied

Question 28

Multiple Choice

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


A) debit to Finished Goods of $29,800
B) credit to Finished Goods of $600
C) debit to Finished Goods of $600
D) credit to Finished Goods of $29,800

Correct Answer:

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