A company has underapplied manufacturing overhead of $$9,000$ at the end of the year. The work in process inventory at this time is $$4,000,$ the finished good inventory is $$3,000,$ and the cost of goods sold is $$1,000.$ Record the closing of the manufacturing Overhead account at the end of the period assuming the underapplied manufacturing overhead amount is significant for the company.

Work in Process Inventory

Finished Goods Inventory

Cost of Goods Sold

Manufacturing Overhead