2010-05-02_082452_Dina - B Factory Overhead 5,600 Cost of...

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The Dina Corp. has applied overhead to jobs during the period as follows: Jobs finished and sold $ 46,000 Jobs started and in process 54,000 Jobs finished and unsold 100,000 The application of overhead has resulted in a $5,600 credit balance in the Factory Overhead account, and this amount is not material. The entry to dispose of this remaining factory overhead balance is: A) Cost of Goods Sold 5,600 Factory Overhead 5,600
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Unformatted text preview: B) Factory Overhead 5,600 Cost of Goods Sold 5,600 C) Factory Overhead 5,600 Goods in Process 5,600 D) Goods in Process 5,600 Factory Overhead 5,600 E) No entry is needed. Factory Overhead. ........................................................ 5,600 Cost of Goods Sold. .............................................. 5,600...
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This note was uploaded on 12/01/2011 for the course ACCT 101 taught by Professor Rale during the Spring '11 term at Southwest Tennessee Community College .

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