During the year,a company incurred $494,000 of manufacturing overhead costs and allocated $508,000 of manufacturing overhead costs.At the year-end,the adjustment entry needed to adjust the Manufacturing Overhead account balance to zero will include a debit to Cost of Goods Sold.

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The Answer of During the year,a company incurred $494,000 of manufacturing overhead costs and allocated $508,000 of manufacturing overhead costs.At the year-end,the adjustment entry needed to adjust the Manufacturing Overhead account balance to zero will include a debit to Cost of Goods Sold.

During the Year,a Company Incurred $494,000 of Manufacturing Overhead Costs