To allocate or spread the under/overallocated overhead between Ending Inventory, Cost of Goods Sold, and the Work-in-Process control accounts is called the

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The proration approach is used to allocate or spread the under/overallocated overhead between Ending Inventory, Cost of Goods Sold, and the Work-in-Process control accounts. This approach is commonly used in accounting and is based on a formula that determines the proportion of overhead to be allocated to each account based on the amount of overhead incurred and the amount of activity in each account. The other answer choices are not directly related to this specific allocation process.

To Allocate or Spread the Under/overallocated Overhead Between Ending Inventory