Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. manufacturing overhead has an overallocated balanc

Manufacturing overhead has an overallocated balance of $ 8 comma 300$8,300 ; raw materials inventory...

50.1K

Verified Solution

Question

Accounting

Manufacturing overhead has an overallocated balance of

$ 8 comma 300$8,300 ;

raw materials inventory balance is

$ 62 comma 100$62,100 ;

work in process inventory is

$ 34 comma 100$34,100 ;

finished goods inventory is

$ 25 comma 700$25,700 ;

and cost of goods sold is

$ 135 comma 500$135,500.

After adjusting for the overallocated manufacturing overhead, what is cost of goods sold?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

A man with an X linked recessive trait such as hemophilia can pass this allele...

Geometry
1.2K views

Graph the given function over a one period interval y csc x 27 Choose the...

Basic Math
1.2K views

A water storage tank is in the shape of a hemisphere (half a sphere). If...

Statistics
1.2K views

Your list of favorite songs contains ten rock songs eight hip hop songs and seven...

Calculus
1.2K views

37 44 a Find the vertical and horizontal asymptotes b Find the intervals of increase...

Calculus
1.2K views

Help Lecture 77 Ex 77 1 10 1 Find x Round to 1 d p...

Algebra
1.2K views

Factor the expression completely 5x Answer X

Accounting
1.2K views

How Would You Explain The Testability, Precision, And Confidence As Hallmarks Of Business Research Related...

Accounting
1.2K views

Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers...

Accounting
1.2K views

Allen Green is a single taxpayer with an AGl (and modified AGl) of $216,000, which...

Accounting
1.2K views

I am not paying you anything outside of my subscription plan. Stop trying to extort...

Accounting
1.2K views

Please help, even if you can't answer all just help me with this 1040 tax...