When underapplied or overapplied manufacturing overhead is prorated,amounts can be assigned to which of the following accounts?
A) Raw-Material Inventory,Manufacturing Overhead,and Direct Labor.
B) Cost of Goods Sold,Work-in-Process Inventory,and Finished-Goods Inventory.
C) Work-in-Process Inventory,Raw-Material Inventory,and Cost of Goods Sold.
D) Raw-Material Inventory,Finished-Goods Inventory,and Cost of Goods SolD.
E) Raw-Material Inventory,Work-in-Process Inventory,and Finished-Goods Inventory.
Correct Answer:
Verified
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