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Job 299 started on June 1 and finished on July 15. Total cost on July 1 was $9,200, and the costs added in July were
Job 299 started on June 1 and finished on July 15. Total cost on July 1 was $9,200, and the costs added in July were $153,400. The product was sold. What is the debit to cost of goods sold? O A. $144,200 OB. $9,200 OC. $153,400 OD. $162,600 Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours The estimates were made as of the beginning of the year, while the actual results were for the entire year. The manufacturing overhead for the year would have been $300,000 $290,000 20,000 22,000 O A. $10,000 underallocated. O B. $10,000 overallocated. O C. $40,000 overallocated. OD. $40,000 underallocated
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