The operations of Kalispell Company resulted in overapplied overhead for the month just completed. Which of the following journal entries can be correct if Kalispell allocates under- or overapplied overhead among accounts?
|
A) Cost of Goods Sold |
XXX |
|
Manufacturing Overhead |
XXX |
|
B) Manufacturing Overhead |
XXX |
|
Cost of Goods Sold |
XXX |
|
C) Work in Process |
XXX |
|
Finished Goods |
XXX |
|
Cost of Goods Sold |
XXX |
|
Manufacturing Overhead |
XXX |
|
D) Manufacturing Overhead |
XXX |
|
Work in Process |
XXX |
|
Finished Goods |
XXX |
|
Cost of Goods Sold |
XXX |