Business, 18.11.2020 16:50 lailabirdiemae

At the end of the year a company has a $1,200 debit balance in Manufacturing Overhead. If this amount is considered immaterial, the company will:. a) make an adjusting entry by debiting Manufacturing Overhead Applied for SI,200 and crediting Manufacturing Overhead for $1,200. b) make an adjusting entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200. c) make no adjusting entry because differences between actual overhead and the amount applied are a normal part of job costing and will average out next year. d) make an adjusting entry by debiting Manufacturing Overhead Expense for $1,200 and crediting Manufacturing Overhead for $1,200.

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At the end of the year a company has a $1,200 debit balance in Manufacturing Overhead. If this amoun...

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