The journal entry for under absorption of factory overheads relating to goods sold ........

Costing - Phase (I & II) Overview of Cost and Management Accounting

The journal entry for under-absorption of factory overheads relating to goods sold:

Debited to Profit and Loss Account and credited to factory overhead.

Debited to Cost of Sales Account and credited to factory overhead.

Debited to Work-in-progress Account and credited to factory overhead

None of the above

The journal entry for under-absorption of factory overheads relating to goods sold:

Profit and Loss A/c Dr.

To Factory overhead A/c

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