Question: QUESTION 4 1 What is the appropriate closing journal entry if the ending balance of MOH Control is $32,000, the ending balance of MOH Allocated
QUESTION 4 1 What is the appropriate closing journal entry if the ending balance of MOH Control is $32,000, the ending balance of MOH Allocated is $28.000 and your company writes the over/under allocated overhead off to COGS? a. Dr MOH Allocated 32,000 Cr MOH Control 28,000 Cr COGS 4,000 b. Dr MOH Allocated 28.000 Dr COGS 4,000 Cr MOH Control 32,000 Dr MOH Control 28,000 Dr COGS 4,000 Cr MOH Allocated 32.000 d. Dr MOH Control 28.000 Cr MOH Allocated 28,000
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