Which of the following is the correct journal entry to record the application of manufacturing overhead?

Question

Quizplus · Accepted Answer

Option B is the correct journal entry to record the application of manufacturing overhead. It debits Manufacturing Overhead and credits the relevant control account, such as Factory Overhead or Manufacturing Expenses. Option A debits Factory Overhead and credits Work in Progress, which is incorrect. Option C debits Raw Materials and credits Work in Progress, which is incorrect. Option D debits Work in Progress and credits Finished Goods, which is incorrect.

Which of the Following Is the Correct Journal Entry to Record