UESTION 1 A review of the accounts conclusion is that at the end of a month within the accounting period(fiscal year) shows that Manufacturing Overhead has a credit balance Your overhead has been over-applied corrective action by management is necessary overhead has been under-applied cost of goods sold should be debited on the monthly income statement UESTION 2 A control account summarizes detail data. All of the following can be used to illustrate a control account except.. Raw Materials Inventory Work in Process Factory Labor Manufacturing Overhead