Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Okay, let's calculate the year end adjustment for overhead. Based on the data below, determine the amount of the year end adjustment to cost of goods sold due to over or under allocated manufacturing overhead during the year

Sagot :

Answer:

the adjustment made to the cost of goods sold is -$2,014

Step-by-step explanation:

The computation of the adjustment made to the cost of goods sold is given below:

Total actual overhead expenses $110,822

Less: Total overheads allocated -$112,836

Adjustment made to the cost of goods sold -$2,014

Hence, the adjustment made to the cost of goods sold is -$2,014

The same should be considered

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.