60 70 8 10 11 12 130 140 15 160 170 18 19 20 d Choice D Oe Choice E QUESTION 11 Martin Corporation's January operations has the following information Cost of goods manufactured $319,700 Finished goods, January 1st $10,850 Finished goods, January 31st $21,150 Manufacturing Overhead Applied $70,600 Manufacturing Overhead Incurred $62,750 Work in process, January 1st $30,500 Work in process, January 31st $22,150 What is the amount of adjusted cost of goods sold if misapplied overhead is immaterial in amount QUESTION 12 a An over application of overhead occurs when actual overhead costs are less than budgeted overhead costs b actual overhead costs are greater than overhead costs charged to production V

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60 70 8 10 11 12 130 140 15 160 170 18 19 20 d Choice D Oe  Choice E QUESTION 11 Martin Corporation's January operations has the following information  Cost of goods manufactured $319,700 Finished goods, January 1st $10,850 Finished goods, January 31st $21,150 Manufacturing Overhead Applied $70,600 Manufacturing Overhead Incurred $62,750 Work in process, January 1st $30,500 Work in process, January 31st $22,150 What is the amount of adjusted cost of goods sold if misapplied overhead is immaterial in amount  QUESTION 12 a  An over application of overhead occurs when  actual overhead costs are less than budgeted overhead costs  b actual overhead costs are greater than overhead costs charged to production V

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60 70 8 10 11 12 130 140 15 160 170 18 19 20 d.Choice D Oe. Choice E QUESTION 11 Martin Corporation's January operations

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