The most appropriate end-of-period disposition of underapplied or overapplied factory overhead

to cost of goods sold.

b. Is to close the amount to finished goods inventory only.

c. Is to apportion the amount to finished goods inventory and cost of goods sold.

d. Depends on the significance (that is, size) of the variance in question.

e. Is to charge the amount as a period cost, e.g., "miscellaneous expense."


d. Depends on the significance (that is, size) of the variance in question.

Business

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Fill in the blank(s) with the appropriate word(s).

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