A firm had the following balances at the end of the period It was determined that the overapplied overhead should be treated as immaterial. After any adjustments for overapplied overhead are made, the balance of work in process would be
A) $320
B) $400
C) $480
D) $534

Question

A firm had the following balances at the end of the period  It was determined that the overapplied overhead should be treated as immaterial. After any adjustments for overapplied overhead are made, the balance of work in process would be
A) $320 
B) $400 
C) $480 
D) $534

Quizplus · Accepted Answer

The Answer of A firm had the following balances at the end of the period  It was determined that the overapplied overhead should be treated as immaterial. After any adjustments for overapplied overhead are made, the balance of work in process would be
A) $320 
B) $400 
C) $480 
D) $534

A Firm Had the Following Balances at the End of the Period