Manufacturing overhead was estimated to be $200,800 for the year along with an estimated 20,080 direct labor hours. Actual manufacturing overhead was $217,400, and actual direct labor hours were 21,080. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct? Multiple Choice Cost of Goods Sold would be credited for $6,600. Cost of Goods Sold would be credited for $16,600. Cost of Goods Sold would be debited for $6,600. Cost of Goods Sold would be debited for $16,600.

Manufacturing overhesad was estimated to be $200,800 for the year along weh an estimated 20,030 diect laber heurs. Actual manufocturing overhead was $217,400, asd actual direct lobor hours wete 2toso. To dispose of the bolance in the Manufocturing Ovethesd account, which of the following would be correct? Multiple Choice Cen of Goods sold wode be uedated tor $6,000 Cest of Goods sold wovid be ceosed ior siseco Cont of Goodn Sold woud be alethea tor $5,600. Cost of Gooen sold wovid be debied foe $16.600