Quiz navigation Yuko Corporation has determined to prorate over-applied or under-applied overhead among the ending...
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Quiz navigation Yuko Corporation has determined to prorate over-applied or under-applied overhead among the ending balance of Cost of Goods Sold (the existing balance: $20,000), Work in process (existing balance $20,000), and finished good inventory (existing balance $60,000). Prior to closing, the total of debits to th MOH control account was $73,000 and the total of credits to the MOH allocated account was $109,000, Which of the following statements MUST be true? 12345 6 1 7 1910 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Select one: a. Manufacturing overhead was over-allocated by $36,000 and $7,200 of those over-allocated was adjusted to the Work in Process account b. Manufacturing overhead was over-allocated by $36,000 and $7,200 of those over-allocated was adjusted to finished goods account C. Manufacturing overhead allocated to Finished good inventory for the month was $109,000 d. Manufacturing overhead was under-allocated by $36,000 and $7,200 of those over-allocated was adjusted to the Work in Process account Finish attempt Time left 0:53:32 Next page ge
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