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The Goomool Company has estimated MOH of $406,000 and 20,300 estimated DL hours. Goomool has incurred actual MOH of $423,400, and actual DL hours of
The Goomool Company has estimated MOH of $406,000 and 20,300 estimated DL hours. Goomool has incurred actual MOH of $423,400, and actual DL hours of 21,500. What should the company do to dispose of the underapplied/overapplied MOH?
a. Cost of Goods Sold would be credited for $6,600
b. Cost of Goods Sold would be debited for $6,600
c. Cost of Goods Sold would be credited for $17,400
d. Cost of Goods Sold would be debited for $17,400
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