ch of the following statements is true for a company that maintains beginning and ending work in process and finished goods inventories? Multiple Choice underapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. underapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. underapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold