The journal entry to record the cost of goods sold during the period includes: Multiple Choice a debit to Manufacturing Overhead. a credit to Finished Goods. a credit to Work in Process. a credit to Cost of Goods Sold. Which of the following statements is true regarding the Manufacturing Overhead account? Multiple Choice Actual overhead costs are recorded with debits Applied overhead costs are recorded with debits. Actual overhead costs and applied overhead costs are both recorded with debits. Finished goods sold to customers are recorded with debits The cost of goods manufactured includes: Multiple Choice applied direct and indirect materials, but not actual direct and indirect materials. actual direct and indirect materials, but not applied direct and indirect materials actual manufacturing overhead, but not applied manufacturing overhead. applied manufacturing overhead, but not actual manufacturing overhead, The journal entry to record the purchase of raw materials includes: Multiple Choice a debit to Raw Materials. a credit to Raw Materials. a debit to Cost of Goods Sold a credit to Cost of Goods Sold