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please what is the answer with working? TB MC Qu. 11-21 (Static) Ferguson Company recognized $400 of estimate... Ferguson Company recognized $400 of estimated manufacturing

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please what is the answer with working?

TB MC Qu. 11-21 (Static) Ferguson Company recognized $400 of estimate... Ferguson Company recognized $400 of estimated manufacturing overhead costs at the end of the month. How does this transaction affect the financial statements - Liabilities + Equity Revenue Expenses Net Income Assets Manufacturing Work in Process Overhead IT Inventory Manufacturing Work in Process Multiple Choice (400) FT O NA T M T (402) NA TL 468 (488)

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