Lo 4.7in a job order cost system, overhead applied is debited to which account?

work in process inventory
finished goods inventory
manufacturing overhead
cost of goods sold

work in process inventory

Explanation:

The journal entry to record overhead applied is shown below:

Work in progress inventory A/c Dr

      To Factory overhead A/c

(Being applied overhead is recorded)

And, the journal entry to record over applied is presented below:

Manufacturing overhead A/c Dr

            To Cost of Goods sold A/c  

(Being over-applied overhead is recorded)

Over applied is come when actual overhead based on predetermined rate is more than the actual manufacturing overhead

hi there, i would say your answer is:

b. there is a fixed quantity of resources and technology available.

hope that : )

answerblank(1); fixed interval; blank(2) fixed ratio;