The spreading of under allocated or overallocated overhead among ending work-in-process, finished goods, and cost of goods
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Question:
The spreading of under allocated or overallocated overhead among ending work-in-process, finished goods, and cost of goods sold is called:
A) the proration approach
B) the write-off of cost of goods sold approach
C) the weighted-average cost approach
D) the adjusted allocation rate approach
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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