Question
Junes Junipers recorded estimated Manufacturing Overhead of $600,000 for December 2021. The actual Manufacturing Overhead Costs were $560,000. The balance in works in process inventory
Junes Junipers recorded estimated Manufacturing Overhead of $600,000 for
December 2021. The actual Manufacturing Overhead Costs were $560,000. The balance
in works in process inventory is $700,000, the balance in finished goods inventory is
$800,000 and the balance in Cost of goods sold is $900,000.
Required: Prepare the adjusting journal entry for manufacturing overhead and post it to]
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
