管理会计讲义2.pptVIP

* The journal entry to record the allocation is to debit Manufacturing Overhead for $30,000, credit Work in Process Inventory for $3,000, credit Finished Goods Inventory for $9,000, and credit Cost of Goods Sold for $18,000. * We have provided a good study aid for dealing with overapplied or underapplied overhead. We have shown the impact of both the allocation approach to the solution to the problem and the direct adjustment to cost of goods sold approach. Alternative 2 is considered more accurate, but it is more complex to apply. It is a good idea to review this chart before your next exam.