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At the end of the year, a company's applied overhead is distributed among its inventory accounts and cost of goods sold as follows Work in

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At the end of the year, a company's applied overhead is distributed among its inventory accounts and cost of goods sold as follows Work in Process Finished Goods Cast of Goods Sold Applied overhead $ 20,000 40,000 340,000 $400,000 the company has $12.000 of underapplied awitidad and it closes tris amount proportionally to Work in Process. Finished Goods and cost or Goods Sold, then which of the following statement is true Multiple Choice Theory to dispose of the undeplied overed will include a credit to the Goods S1200 They done of the underopalled ovestead wide weblo Manufacturing Overhead so 12.000 at the company has $12.000 of underapplied overload and it closes the amount proportionally to Work in Process, Finished Goods, and cost of Goods Sold, then which of the following statements is true? Mutiple Choice The entry to dispose of the underapplied overhead will include a credit to finished Goods for 51200 The entry to discose of the under ople overhead wil include debit to Manufacturing Overtod for 512.000 The entry to depose of the underopped overhead will include a debit to Cost of Goods Sold for $10 200 The entry to dispose of the underapplied overed wincude a credit to Work in Process for $600

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