The following partially completed T accounts summarize the transactions of Carlton Company for last year:
At the end of the year,the company closes out the balance in the Overhead account to Cost of Goods Sold.
The cost of goods sold (after adjusting for under- or overapplied overhead) is
A) $64,600.
B) $65,600.
C) $66,600.
D) 67,600
Correct Answer:
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