Question
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the relevant accounts are:
work in process 10000$
finished goods 20000
cost of good sold 170000
Under the writeoff approach, the difference between Manufacturing Overhead Control and Manufacturing Overhead Allocated is adjusted in the ________.
Select one:
A.
Work-in Process account
B.
Miscellaneous Expenses account
C.
Manufacturing Overhead account
D.
Cost of Goods Sold account
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