Sales Revenue The following additional details are provided for the year: Direct materials placed in production Direct labor incurred $83,000 190.000 Manufacturing overhead incurred Manufacturing...

5

Extracted text: Sales Revenue The following additional details are provided for the year: Direct materials placed in production Direct labor incurred $83,000 190.000 Manufacturing overhead incurred Manufacturing overhead allocated to production Cost of jobs completed and transferred 300.000 295,000 505,000 Total revenue 753.000 Cost of goods sold (before adjustment) 442,300 After recording all these transactions and adjusting for the over/underallocated overhead, the ending balance in the Cost of Goods Sold account is a O A. debit of $442,300 O B. debit of $437,300 OC. credit of $447,300 O D. debit of $447,300


Extracted text: At the beginning of the year, Springfield Manufacturing had the following account balances: Work - in - Process Inventory 2,000 Finished Goods Inventory 8,000 Manufacturing Overhead Cost of Goods Sold