MCH Corporation manufactures computers. Using a predetermined rate that is based on machine hours, MCH allocated manufacturing overhead cost $70,000,000 to jobs this year. At year end, the actual manufacturing overhead cost incurred was reported as $110,000,000. What entry would MCH make in the Cost of Goods Sold and Manufacturing overhead account to close the manufacturing overhead account?

a.

Manufacturing Overhead			COGS
	40,000,000		40,000,000

b.

Manufacturing Overhead			COGS
40,000,000				40,000,000

c.

Manufacturing Overhead			COGS
70,000,000				70,000,000

d.

Manufacturing Overhead			COGS
	70,000,000		70,000,000