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Manufacturing overhead (MOH) incurred was $30. What is the most likely and appropriate treatment? 20 Dr. WIP 3.00; Dr. FG 1.50; Dr. COGS 5.50; Cr.
Manufacturing overhead (MOH) incurred was $30. What is the most likely and appropriate treatment? 20 Dr. WIP 3.00; Dr. FG 1.50; Dr. COGS 5.50; Cr. MOH 10.00 Dr. RM 1.00; Dr. WIP 2.00; Dr. FG 1.00; Dr. COGS 6.00; Cr. MOH 10.00 23 Dr. COGS 10.00; Cr. MOH 10.00 6 Dr. MOH 10.00; Cr. WIP 3.00; Cr. FG 1.50; Cr. COGS 5.50 Dr. MOH 10.00; Cr. RM 1.00; Cr. WIP 2.00; Cr. FG 1.00; Cr. COGS 6.00 Dr. MOH 10.00; Cr. COGS 10.00 None of the above (2 questions on this) You have the following information about cost of goods sold (COGS), the balances of raw materials (RM), work in process (WIP), and finished goods inventories (FG), and the manufacturing overhead (MOH) applied to each account: RM WIP FG COGS total 20 30 40 n/a 25 50 25 Beginning Balance Ending balance MOH applied to account (included in figures above) 150 250 12 6 22 40 Manufacturing overhead (MOH) incurred was $30. What is the most likely and appropriate treatment? Dr. WIP 3.00; Dr. FG 1.50; Dr. COGS 5.50; Cr. MOH 10.00 Dr. RM 1.00; Dr. WIP 2.00; Dr. FG 1.00; Dr. COGS 6.00; Cr. MOH 10.00 Dr. COGS 10.00: Cr. MOH 10.00 Dr. MOH 10.00; Cr. WIP 3.00; Cr. FG 1.50; Cr. COGS 5.50
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