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30 August, 03:10

If the $15,000 debit balance in the manufacturing overhead account is closed out to cost of goods sold, the related entry will:

Answers (1)
  1. 30 August, 04:09
    Over applied

    The journal entry

    Variance (Dr) 15000

    Cost of goods sold (Cr) 15000

    decrease the cost of goods sold
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