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Alex Constructors uses job-order costing for production of custom playground sets. The company incurred the following costs during March: Direct materials used$22,000Direct labor$14,000Applied overhead$18,000Actual overhead$20,000
Alex Constructors uses job-order costing for production of custom playground sets. The company incurred the following costs during March:
Direct materials used$22,000Direct labor$14,000Applied overhead$18,000Actual overhead$20,000
If Alex Constructors closes out any under or overapplied overhead directly to cost of goods sold, which entry will the company make to eliminate the over or underapplied amount in March?
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