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Cost of goods sold pearcos method work in process

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cost of goods sold. Cost of Goods Sold PearCo’s Method Work in Process Finished Goods Cost of Goods Sold $30,000 may be allocated to these accounts. OR
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3-46 Disposition of Under- or  Overapplied Overhead  PearCo’s Mfg. Overhead Actual overhead  costs $650,000 $30,000   overapplied  PearCo’s Cost of Goods Sold Unadjusted  Balance Adjusted Balance $30,000 $30,000 Overhead  applied to jobs  $680,000
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3-47 Quick Check  ü What effect will the overapplied overhead have on PearCo’s net operating income? a. Net operating income will increase. b. Net operating income will be unaffected. c. Net operating income will decrease.
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