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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
A company has overallocated manufacturing overhead by $1,500. The entry to close manufacturing overhead account would be to
A) debit Cost of Goods Sold account and credit Finished Goods Inventory account for $15,000.
B) debit Cost of Goods Sold account and credit Manufacturing Overhead account for $1,500.
C) debit Manufacturing Overhead account and credit Work-in-Process account for $1,500.
D) debit Manufacturing Overhead account and credit Cost of Goods Sold account for $1,500.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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nice answer
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Nice answer
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