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In a job-order costing system, when a job remains incomplete at the end of a period, how is the amount of overhead cost that has
In a job-order costing system, when a job remains incomplete at the end of a period, how is the amount of overhead cost that has been applied to that job treated? a. It is closed out to Cost of Goods Sold. b. It is part of the ending balance of the Work in Process inventory account. c. It is transferred to Finished Goods. d. It is deducted on the Income Statement as overapplied overhead.
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