Question: Could you please answer question 1, 2 and 3? Thank you Actual overhead is $156,890 and applied overhead is $157,000. The variance is considered immaterial.

Could you please answer question 1, 2 and 3? Thank you

considered immaterial. Which of the following is true? COGS would be debited

Actual overhead is $156,890 and applied overhead is $157,000. The variance is considered immaterial. Which of the following is true? COGS would be debited for $110. COGS would be credited for $110. The variance is immaterial, so no journal entry is needed The overhead control account would have an ending balance of $110

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