Solution-Find the portion of under-applied overhead

Find the portion of under-applied overhead

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Reference no: EM132500595

Bayview Manufacturing has $16,000 of under-applied overhead in Manufacturing Overhead at December 31 and the following account balances at year end:

Work in Process Inventory $10,000

Finished Goods Inventory 20,000

Cost of Goods Sold 70,000

Total costs$ 100,000

Question 1: The portion of under-applied overhead that should be applied to Cost of Goods Sold is

$16,000.
$11,200.
$1,120.
($11,200).

Reference no: EM132500595

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Find the portion of under-applied overhead

Reference no: EM132500595

Reference no: EM132500595

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