In a job order costing system,any immaterial underapplied overhead at the end of the period can be debited entirely to Cost of Goods Sold.

Name: In a job order costing system,any immaterial underapplied overhead at the end of the period can be debited entirely to Cost of Goods Sold.
Brand: Quizplus
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Quizplus · Accepted Answer

This is true. Immaterial underapplied overhead at the end of the period can be debited entirely to Cost of Goods Sold, as it is not significant enough to justify further allocation to specific jobs or products.

In a Job Order Costing System,any Immaterial Underapplied Overhead at the End