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Sanders Manufacturing has the following amounts listed before reconciling the overhead variance. Estimated overhead $760,000 Applied overhead 756,000 Actual overhead 740,000 Cost of goods sold
Sanders Manufacturing has the following amounts listed before reconciling the overhead variance. Estimated overhead $760,000 Applied overhead 756,000 Actual overhead 740,000 Cost of goods sold 935,000 Assuming that any overhead variance is immaterial, calculate the adjusted cost of goods sold after adjusting for the overhead variance. a. $919,000 b. $951,000 c. $939,000 d. $955,000
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