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What is the appropriate closing journal entry if the ending balance of MOH Control is $35,000, the ending balance of MOH Allocated is $40,000 and
What is the appropriate closing journal entry if the ending balance of MOH Control is $35,000, the ending balance of MOH Allocated is $40,000 and your company writes the over/under allocated overhead off to COGS? a. Dr MOH Control 35,000 Dr COGS 5,000 Cr MOH Allocated 40,000 b. Dr MOH Allocated 40,000 Cr MOH Control 35,000 Cr COGS 5,000 OC. Dr MOH Allocated 35,000 Dr COGS 5,000 Cr MOH Control 40,000 Od. Dr MOH Control 40,000 Cr MOH Allocated 40,000
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