If manufacturing overhead is materially over-applied, it is best to close it to:

A. Work-in-process inventory.

B. Finished goods inventory.

C. Cost of goods sold.

D. Apportioned among work-in-process, finished goods, and cost of goods sold.

D

Business

You might also like to view...

Sales promotion expenditures increased as a percentage of budget expenditure for a number of years. Growth has, however, recently slowed. Which of the following is a factor that has contributed to the growth of sales promotion expenditures?

A) Many brands have come to be seen as dissimilar. B) The efficiency of advertising as a promotion has improved. C) The trade demands more deals from manufacturers. D) Consumers have become less price-oriented. E) The number of brands in the market has decreased.

Business

NGOs are groups of ________ who monitor the behavior of marketers or governments and use their influence to achieve social goals

A) elected officials B) appointed officials C) public officials D) private individuals E) public employees

Business