Shakers Manufacturing has the following information listed before reconciling the overhead variance. $$\begin{array} { l r }
\text { Estimated Overhead } & \$ 760,000 \
\text { Applied Overhead } & 756,000 \
\text { Actual Overhead } & 740,000 \
\text { Cost of Goods Sold } & 935,000
\end{array}$$ Assume that any overhead variance is insignificant. What is the adjusted Cost of Goods Sold after adjusting for the overhead variance?

Question

Shakers Manufacturing has the following information listed before reconciling the overhead variance. $$\begin{array} { l r } 
\text { Estimated Overhead } & \$ 760,000 \
\text { Applied Overhead } & 756,000 \
\text { Actual Overhead } & 740,000 \
\text { Cost of Goods Sold } & 935,000
\end{array}$$ Assume that any overhead variance is insignificant. What is the adjusted Cost of Goods Sold after adjusting for the overhead variance?

Quizplus · Accepted Answer

The Answer of Shakers Manufacturing has the following information listed before reconciling the overhead variance. $$\begin{array} { l r } 
\text { Estimated Overhead } & \$ 760,000 \
\text { Applied Overhead } & 756,000 \
\text { Actual Overhead } & 740,000 \
\text { Cost of Goods Sold } & 935,000
\end{array}$$ Assume that any overhead variance is insignificant. What is the adjusted Cost of Goods Sold after adjusting for the overhead variance?

Shakers Manufacturing Has the Following Information Listed Before Reconciling the Overhead