When the amount of overapplied factory overhead is significant ,the entry to close overapplied factory overhead will most likely require?

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When the amount of overapplied factory overhead is significant, the entry to clo...
Posted by:
Moataz Ali Sobhi
20-February-2015

A - A debit to COGS only .

B- Debits to COGS , F.G. inventory and WIP inventory .

C- Credits to COGS , F.G. inventory and WIP inventory .

D- A credit to COGS only .

Accounting US GAAP CMA

Question added by Deleted user
Date Posted: 2015/10/15

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by Deleted user

credits to cogs , f.g inventory and wip invetory

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