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The most widely used approach to disposing of overhead over or under allocation is A) immediate write-off to cost of goods sold B) to allocate
The most widely used approach to disposing of overhead over or under allocation is A) immediate write-off to cost of goods sold B) to allocate it between cost of goods sold, finished goods inventory and work- in-process inventory c) to allocate it between finished goods inventory, work-in-process inventory and direct materials inventory D) to allocate it between cost of goods sold, finished goods inventory and direct material inventory In job-order costing, a debit to Finished Goods Inventory is used to record the A) sale of merchandise B) purchase of direct materials C) cost of goods completed D) requisition of direct materials
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