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QUESTION
AT THE END OF THE FISCAL YEAR, ANY OVERAPPLIED OR UNDERAPPLIED OVERHEAD IS: TRANSFRRED TO THE COST OF GOODS SOLD ACCOUNT IN AN ADJUSTMENT.
AT THE END OF THE FISCAL YEAR, ANY OVERAPPLIED OR UNDERAPPLIED OVERHEAD IS: A. TRANSFRRED TO THE COST OF GOODS SOLD ACCOUNT IN AN ADJUSTMENT. B. SHOWN ON THE BLANCE SHEET AS EITHER A DEFERRED CHARGE OR A DEFFED CREDIT. C. ALLOCATED TO COST OF GOODS SOLD, FINISHED GOODS INVENTORY, AND WORK IN PROCESS INVENTORY. D. TRANSFERRED TO THE COST OF GOODS MANUFACTURED ACCOUNT IN AN ADJUSTMENT.
QUESTION:AT THE END OF THE FISCAL YEAR, ANY OVERAPPLIED OR UNDERAPPLIEDOVERHEAD IS:A. TRANSFRRED TO THE COST OF GOODS SOLD ACCOUNT IN ANADJUSTMENT.B. SHOWN ON THE BLANCE SHEET AS EITHER A...