15) MM company wes traditional costing system, where it applies manufacturing overhend costs to production wt u budgeted trudnet.cont we. Wy the end of the year, the company records how the following Applied manufacturing overhead: 5800,000 Actual manufacturing overhead: 5900,000 The company adopts proration method to adjust for under over applied overhead. You are given the following ending balancest Finished goods (FO) 200,000 Work in process (WIP) 80.000 Cost of goods sold (COGS) 220.000 The entry to adjust for the underapplied overhead will include: Credit FG 200,000 Debit: COGS 220,000, WIP 80,000 and FG 200,000 Correct answer is not provided. Debit COGS for 44,000