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Time left 0 : 1 7 : 3 7 Gyro Company uses a predetermined overhead rate based on direct labour hours ( DLHs ) to
Time left :: Gyro Company uses a predetermined overhead rate based on direct labour hours DLHs to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $ and DLHs would be The actual figures for the year were $ for manufacturing overhead and DLHs What entry would Gyro Company make to dispose of the manufacturing overhead variance? Select one: A Debit Cost of Goods Sold $; Credit Manufacturing Overhead $ B Debit Cost of Goods Sold $; Credit Manufacturing Overhead $ C Debit Manufacturing Overhead $; Credit Cost of Goods Sold $ D Debit Manufacturing Overhead $; Credit Cost of Goods Sold $
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Gyro Company uses a predetermined overhead rate based on direct labour hours DLHs to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $ and DLHs would be The actual figures for the year were $ for manufacturing overhead and DLHs
What entry would Gyro Company make to dispose of the manufacturing overhead variance?
Select one:
A Debit Cost of Goods Sold $; Credit Manufacturing Overhead $
B Debit Cost of Goods Sold $; Credit Manufacturing Overhead $
C Debit Manufacturing Overhead $; Credit Cost of Goods Sold $
D Debit Manufacturing Overhead $; Credit Cost of Goods Sold $
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