Author Question: ABC uses job costing. Actual manufacturing overhead for the period is $19,600 while allocated ... (Read 26 times)

chandani · **on:** Jan 4, 2020

ABC uses job costing. Actual manufacturing overhead for the period is $19,600 while allocated manufacturing overhead is $18,700. What entry will close the manufacturing overhead balance?
◦ Debit manufacturing overhead and credit work in process for $900
◦ Debit manufacturing overhead and credit cost of goods sold for $900
◦ Debit cost of goods sold and credit manufacturing overhead for $900
◦ Debit cost of goods sold and credit finished goods inventory for $900

af · **Reply #1 on:** Jan 4, 2020

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