Bretthauer Corporation has provided data concerning the Corporation\'s Manufactu

Question

Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $30,000 and the total of the credits to the account was $36,000. Which of the following statements is true?

Manufacturing overhead applied to Work in Process for the month was $36,000

Manufacturing overhead for the month was underapplied by $6,000

Actual manufacturing overhead incurred during the month was $36,000

Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $30,000.

Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prior to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $30,000 and the total of the credits to the account was $36,000. Which of the following statements is true?

Explanation / Answer

As given in the question that total debits to the manufacturinh overhead account wa 30000 and creditd were 36000, therefore it implies that actual manufacturing overhead incurred during the month was $36000.

Thus atatement that actual manufacturing overhead incurred during the month was $36000.

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