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What will be the correction entry to dispose

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Reference no: EM132556787

Question 1: A company allocates manufacturing overhead (MOH) by using both a MOH control account and a MOH allocated account. At the end of the year, the company determines that it has under-allocated. If the company uses the direct write-off method what will be the correction entry to dispose of the under-allocation.

a) debit MOH control; credit MOH allocated & COGS

b) debit MOH control & COGS; credit MOH allocated

c) debit MOH allocated; credit MOH control & COGS

d) More information is required

e) debit MOH allocated & COGS; credit MOH control

Reference no: EM132556787

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