Castagnola Incorporated has provided the following data for the rnonth of January. There were no beginning Inventories; consequently, the direct materials. direct labor. and manufacturing overhead applied listed below are all for the current month Work In Finished Cost of Process Goods Goods Sold Total Direct materials $ 889 $ 5,596 $ ZBJIBB $ 29,488 Direct labor 41199 17,699 7319223 95,629 Manufacturing overhead applied 2,469 7,386 31J 166 41,968 Total $7,449 $39,486 $123,189 $166,168 Manufacturing overhead fortne month was overapplied by $1,000, The company allocates any underapplied or overapplied manufacturing overhead among work in process nished goods, and cost of goods sold at the end ofthe month on the basis ofthe overhead applied during the month in those accounts. Theiournal entry to record the allocation of any underapplied or overapplied manufacturing overhead for January would include the following: Multiple Choice 0 credit to Cost of Goods Sold of $760 debit to Cost of Goods Sold di$t28l80 debit to Cost of Goods Sold of$760 O credit to Cost of Goods Sold of $128180