The cherokee company uses a predetermined overhead rate. the following accounts have these unadjusted balances: raw materials $20,000 work in process $40,000 finished goods $10,000 cost of goods sold $50,000 if overhead is underapplied by $12,000 and considered immaterial, the journal entry would be
a. manufacturing overhead$12,000 cost of goods sold$12,000
b. manufacturing overhead$12,000 raw materials$2,000 work in process$4,000 finished goods$1,000 cost of goods sold$5,000
c. raw materials$2,000 work in process$4,000 finished goods$1,000 cost of goods sold$5,000 manufacturing overhead$12,000
d. manufacturing overhead$12,000 work in process$4,800 finished goods$1,200 cost of goods sold$6,000
e. cost of goods sold$12,000 manufacturing overhead$12,000

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.