Question:The theoretically correct method of allocating under or over applied overhead is to: 

A allocate the amount to cost of goods sold. 
B allocate the amount to finished goods. 
C allocate the amount to work in process and finished goods. 
D allocate the amount among work in process, finished goods, and cost of goods sold. 

+ Answer
B 

+ Explanation
answer not sure

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Md. Habib Ullah

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