Which of the following is not an account that over/under applied overhead is transferred to at the end of an accounting period?
A)Cost of Goods Sold.
B)Work-in-Process.
C)Raw Materials.
D)Finished Goods.

Question

Quizplus · Accepted Answer

Raw Materials is not an account that over/under applied overhead is transferred to; it typically involves inventory accounts like Cost of Goods Sold, Work-in-Process, and Finished Goods.

Which of the Following Is Not an Account That Over/under