16. The accounts at year end of Hippo Manufacturing contained the following items: . . Finished goods (FG) had one completed job that had not been sent out to the customer. The total cost of $280,000 for this job included $48,000 in current applied manufacturing overhead. Work-in-process (WIP) inventory had a balance of $750,000, which included $92,000 in current applied manufacturing overhead. Cost of goods sold (CGS) for the year was $3,070,000, of which $460,000 is current applied manufacturing overhead. The manufacturing overhead account had a debit balance of $300,000 remaining after overhead had been applied using the predetermined overhead rate. . What is the most accurate disposition of the remaining balance in the manufacturing overhead account? (Consider the overhead variance amount to be significant)