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Exercise 5-29 ============================================= GB 519 Unit 2 Quiz FOR MORE CLASSES VISIT www. gb519rank. com

UNIT 2 QUIZ

1. Question: At the end of a fiscal year, overapplied factory overhead should

be: Student Answer: Debited to Cost of Goods sold. Credited to Cost of Goods sold. Debited to Cost of Good Manufactured. None of the above.

Question 2. Question: Which one of the following is the amount that actual factory

overhead exceeds the factory overhead applied? Student Answer: