Stanley Company uses a job cost system. Manufacturing overhead has been overapplied by $5,600 for the year. Actual overhead incurred was $105,000. Other balances are:
What will be adjusted cost of goods sold after closing manufacturing overhead?

Question

Stanley Company uses a job cost system. Manufacturing overhead has been overapplied by $5,600 for the year. Actual overhead incurred was $105,000. Other balances are:  
What will be adjusted cost of goods sold after closing manufacturing overhead?

Quizplus · Accepted Answer

B) $290,000 - 5,600 = $284,400

Stanley Company Uses a Job Cost System