Question

Haverhill Products just completed job number 440. In addition to direct labor and direct materials cost, Haverhill allocated $450 of manufacturing overhead to the job. Which of the following describes the correct journal entry to record the allocation of overhead to the job?

A) Debit Finished goods, credit Manufacturing overhead

B) Debit Work in process, credit Cash

C) Debit Manufacturing overhead, credit Work in process

D) Debit Work in process, credit Manufacturing overhead

Answer

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