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Question 13 3 pts At end of the year, a company has a $1.200 debit balance in Manufacturing Overhead. The company: makes an adjusting entry
Question 13 3 pts At end of the year, a company has a $1.200 debit balance in Manufacturing Overhead. The company: makes an adjusting entry by debiting Cost of Goods Sold for $1.200 and crediting Manufacturing Overhead for $1.200. makes no adjusting entry because differences between actual overhead and the amount applied are a normal part of job order costing and will average out over the next year. makes an adjusting entry by debiting Manufacturing Overhead Expense for $1.200 and crediting Manufacturing Overhead for $1,200. akes an adjusting entry by debiting Manufacturing Overhead Applied for $1.200 and crediting Manufacturing Overhead for $1.200. 3 pts Question 14
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