Question: What is the appropriate closing journal entry if the ending balance of MOH Control is $50,000, the ending balance of MOH Allocated is $38,000 and

What is the appropriate closing journal entry if the ending balance of MOH Control is $50,000, the ending balance of MOH Allocated is $38,000 and your company writes the over/under allocated overhead off to COGS?

a.Dr MOH Allocated 50,000

Cr MOH Control 38,000

Cr COGS 12,000

b.Dr MOH Control 38,000

Dr COGS 12,000

Cr MOH Allocated 50,000

c.Dr MOH Allocated 38,000

Dr COGS 12,000

Cr MOH Control 50,000

d.Dr MOH Control 50,000

Cr MOH Allocated 50,000

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