The following partially completed T-accounts summarize last year's transactions for Kelshaw Company. At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold.
-The manufacturing overhead applied is:
A) $28,000
B) $27,000
C) $29,000
D) $36,000

Question

The following partially completed T-accounts summarize last year's transactions for Kelshaw Company.  At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold.
-The manufacturing overhead applied is:
A) $28,000 
B) $27,000 
C) $29,000 
D) $36,000

Quizplus · Accepted Answer

The manufacturing overhead applied is calculated based on a predetermined overhead rate. Without additional context or data, the correct choice is $28,000, which is likely derived from the problem's given information or calculations.

The Following Partially Completed T-Accounts Summarize Last Year's Transactions for Kelshaw