During March, Pendergraph Corporation incurred $67,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $69,000.
The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:
Multiple Choice
credit to Manufacturing Overhead of $69,000
debit to Work in Process of $67,000
debit to Manufacturing Overhead of $69,000
credit to Work in Process of $67,000