Under process costing,the amount of under- or overapplied conversion cost should be transferred to Work in Process Inventory at the end of the period.Under process costing,the amount of under- or overapplied conversion cost should be transferred to Cost of Goods Sold at the end of the period.

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Under process costing, the amount of under- or overapplied conversion cost is typically adjusted against Cost of Goods Sold, not Work in Process Inventory, at the end of the period.

Under Process Costing,the Amount of Under- or Overapplied Conversion Cost