Assume there is $2,000 of overapplied fixed overhead, which is to be prorated. Current balances of selected accounts are: Work in process Finished goods Cost of goods sold The adjusting journal entry is: a) Overapplied fixed overhead Work in process Finished goods Cost of goods sold $15,000 25,000 b) Work in process Finished goods Cost of goods sold 60,000 d) Work in process 300 500 1,200 Overapplied fixed overhead Work in process Finished goods Cost of goods sold 300 500 300 c) Fixed overhead control 2,000 300 Finished goods Cost of goods sold Fixed overhead allocated 500 500 1,200 2,000 1,200 1,200 2,000 2,000