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Please help Samantha's Cosmetics uses a normal cost system and has the following balances at the end of its rst yeafs operations. WIP inventory 3':

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Samantha's Cosmetics uses a normal cost system and has the following balances at the end of its rst yeafs operations. WIP inventory 3': 205,000 Finishedgoods inventory 123,000 Cost of goods sold 492,000 Actual factory overhead 410,000 Factory overhead applied 445,000 Requirement 1. Compute cost of goods sold for two different ways to dispose of the year-end overhead balances. By how much would gross prot differ? Begin by computing the cost of goods sold under the immediate write-off method. The adjusted cost of goods sold is $ID

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