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Author Question: Manufacturing overhead has an overallocated allocated balance of $6,200; raw materials inventory ... (Read 102 times)

fnuegbu

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Manufacturing overhead has an overallocated allocated balance of $6,200; raw materials inventory balance is $50,000; work in process inventory is $30,000; finished goods inventory is $20,000; and cost of goods sold is $100,000.

Which of these accounts would have an ending credit balance?
◦ Finished goods inventory
◦ Manufacturing overhead
◦ Work in process inventory
◦ Cost of goods sold


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Marked as best answer by fnuegbu on Jan 4, 2020

BAOCHAU2803

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fnuegbu

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Reply 2 on: Jan 4, 2020
Thanks for the timely response, appreciate it


softEldritch

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Reply 3 on: Yesterday
Excellent

 

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