EXERCISE 3-17 (30 MINUTES)

3. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH03 SYSSTEMS DESIGN JOB ORDER COSTING 3. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH03 SYSSTEMS DESIGN JOB ORDER COSTING
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH03 SYSSTEMS DESIGN JOB ORDER COSTING

3. Manufacturing overhead is overapplied by Rmb 7,000 for the year. The

entry to close this balance to Cost of Goods Sold would be:

Manufacturing Overhead... 7,000

Problem 3-18 (continued)