Marina Corp. applied overhead to jobs during the period as follows:

$$\begin{array} { l r r }
\text { Jobs finished and sold } & \$ 46,000 \
\text { Jobs started and in process } & 54,000 \
\text { Jobs finished and ursold } & 100,000
\end{array}$$
The application of overhead has resulted in a $5,600 credit balance in the Factory Overhead account. The entry to dispose of this remaining factory overhead balance is:

Question

Marina Corp. applied overhead to jobs during the period as follows:

$$\begin{array} { l r r } 
\text { Jobs finished and sold } & \$ 46,000 \
\text { Jobs started and in process } & 54,000 \
\text { Jobs finished and ursold } & 100,000
\end{array}$$ 
The application of overhead has resulted in a $5,600 credit balance in the Factory Overhead account. The entry to dispose of this remaining factory overhead balance is:

Quizplus · Accepted Answer

The Answer of Marina Corp. applied overhead to jobs during the period as follows:

$$\begin{array} { l r r } 
\text { Jobs finished and sold } & \$ 46,000 \
\text { Jobs started and in process } & 54,000 \
\text { Jobs finished and ursold } & 100,000
\end{array}$$ 
The application of overhead has resulted in a $5,600 credit balance in the Factory Overhead account. The entry to dispose of this remaining factory overhead balance is:

Marina Corp The Application of Overhead Has Resulted in a $5,600 Credit