A company charged the following amounts of overhead to jobs during the current year: $12,000 to jobs still in process,$42,000 to jobs completed but not sold,and $66,000 to jobs finished and sold.At year-end,the company's Factory Overhead account has a credit balance of $9,000.What entry (if any)should the company make at year-end related to this overhead balance?

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The Answer of A company charged the following amounts of overhead to jobs during the current year: $12,000 to jobs still in process,$42,000 to jobs completed but not sold,and $66,000 to jobs finished and sold.At year-end,the company's Factory Overhead account has a credit balance of $9,000.What entry (if any)should the company make at year-end related to this overhead balance?

A Company Charged the Following Amounts of Overhead to Jobs