Question: 8 ) In computing the predetermined O / H rate, Foles Company included its factory insurance cost twice. This error will result in: A .
In computing the predetermined OH rate, Foles Company included its factory insurance cost twice. This error will result in:
A The ending balance of Finished Goods to be understated.
B The credits to the Manufacturing Overhead account will be understated.
CThe Cost of Goods Manufactured will be overstated.
DThis test is getting on my nerves.
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