Answer the following questions using the information below:
Because the Abernathy Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000)was different from the actual amount incurred ($225,000).

-What is the journal entry used to write off the difference between allocated and actual overhead directly to cost of goods sold?

Question

Answer the following questions using the information below:
Because the Abernathy Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000)was different from the actual amount incurred ($225,000).
 
-What is the journal entry used to write off the difference between allocated and actual overhead directly to cost of goods sold?

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
Because the Abernathy Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000)was different from the actual amount incurred ($225,000).
 
-What is the journal entry used to write off the difference between allocated and actual overhead directly to cost of goods sold?

Answer the Following Questions Using the Information Below