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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Stanley Company uses a job cost system. Manufacturing overhead has been overapplied by $5,600 for the year. Actual overhead incurred was $105,000. Other balances are:

Raw materials inventory at end of year    $14,000
Work in process inventory at end of year    $31,500
Finished goods inventory at end of year    $41,500
Unadjusted cost of goods sold for the year    $290,000

What will be adjusted cost of goods sold after closing manufacturing overhead?
A) $226,500
B) $254,100
C) $295,600
D) $284,400
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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