10 The actual manufacturing overhead incurred at Gutekunst Corporation during March was $53,000, while the manufacturing overheed applied to Work in Process was $73.000 The Corporation's Cost of Goods Sold wes $451000 prior to closing out its Manufacturing Ovemend account. The Corporation closes out its Manufacturing Overhead account to Cost of Goods Sold. Which of the following statements is true Multiple Choice $471000 Mango $401000 Manufacturing overhead $2000 oped by $20000 Ca of Good pled by $20.000 Cet of Goods Solda $20.000 ( Manufacturing head wanded by $20000 Com of Goods State o $475,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Quiz Chapter 30
Mc
K
10
The actual manufacturing overhead incurred at Gutekunst Corporation during March was $53,000 while the manufacturing overhead applied to
Work in Process was $73.000 The Corporation's Cost of Goods Sold wes $451000 prior to closing out its Manufacturing Overhead account. The
Corporation closes out its Manufacturing Overhead account to Cost of Goods Sold Which of the following statements is true!
Mule Choice
Manufactug bad was overapped by $20,000 Cost of Goods Sold abercing the Manufacturing the count
$471000
Manufactug obed was underapplied by $20.000 Cest of Goods Soltau cougout the y
$431.000
Manufacturing overhead was owned by $20.000 Cest of Goods Sold after coming out the Manufacturing Overwatc
$430000
Manufacturing overhead was undeeppoed by $20,000 Cost of Goods Soldater dourg out the Mang Overal
$471000
< Prax
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Transcribed Image Text:Quiz Chapter 30 Mc K 10 The actual manufacturing overhead incurred at Gutekunst Corporation during March was $53,000 while the manufacturing overhead applied to Work in Process was $73.000 The Corporation's Cost of Goods Sold wes $451000 prior to closing out its Manufacturing Overhead account. The Corporation closes out its Manufacturing Overhead account to Cost of Goods Sold Which of the following statements is true! Mule Choice Manufactug bad was overapped by $20,000 Cost of Goods Sold abercing the Manufacturing the count $471000 Manufactug obed was underapplied by $20.000 Cest of Goods Soltau cougout the y $431.000 Manufacturing overhead was owned by $20.000 Cest of Goods Sold after coming out the Manufacturing Overwatc $430000 Manufacturing overhead was undeeppoed by $20,000 Cost of Goods Soldater dourg out the Mang Overal $471000 < Prax 10 10 Help Save & Ext Overed account Next > S
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