Q out of 3 points Garcia Company has the following expenses: indirect labor of $5,000, indirect material of $11,000, depreciafion expenses of $3,000, and paid X overhead of $1,000. The company also has the applied overhead of $22,000. What is the correct joumal entry to record the over- (under-) applied overhead? Selected Answer: Answers: D. Debit: COGS 2,000 Credit Overhead 2,000 Debit: Overhead 5,000 Credit: COGS 5,000 A. Debit: Overhead 2,000 Credit COGS 2,000 B. Debit: COGS 5,000 Credit: Overhead 5,000 c. D. Debit: COGS 2,000 Credit: Overhead 2,000 uestion 24 Oout of 3 points Process and job order costing are similar in that each system except for: Selected Answer: Answers: D. Classifies product costs as direct materials, direct labor, and factory overhead Allocate using a predetermined overhead rate A. Allocates factory overhead costs to products B. Mass production c. 0. Classifies product costs as direct materials, direct labor, and factory overhead