Question

A company uses a job-costing system. What period-end journal entry would the company generally make

make to dispose of (close out) $4,150 of overapplied manufacturing overhead cost if that amount is immaterial?

A. Dr. Finished Goods 4,150

Cr. Manufacturing Overhead 4,150

B. Dr. COGS 4,150

Cr. Manufacturing Overhead 4,150

C. Dr. Manufacturing Overhead 4,150

Cr. Finished Goods 4,150

D. Dr. Manufacturing Overhead 4,150

Cr. COGS 4,150

A.

“A”

B.

“B”

C.

“C”

D.

“D”