Cost of goods sold means calculate the amount of cost on that inventory which is sold in the market. Manufacturing overhead are applied to the process of production on the basis of various methods, but the actual manufacturing overhead is different from the applied manufacturing overhead. So, the difference between actual and applied is transferred to the cost of goods sold account. To calculate: The missing Figure in the table.

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Chapter 2, Problem 6GAP

To determine

Concept introduction:

Cost of goods sold means calculate the amount of cost on that inventory which is sold in the market.

Manufacturing overhead are applied to the process of production on the basis of various methods, but the actual manufacturing overhead is different from the applied manufacturing overhead. So, the difference between actual and applied is transferred to the cost of goods sold account.

To calculate:

The missing Figure in the table.

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