Change in Cost of Goods Sold\

$80,000

\

$82,000

\

$60,000

\

$40,000

\

$20,000

\

$0

\ Beginning Cost of Goods Sold\ Ending Cost of Goods Sold\

+able+au

\ Required:\ Compute the over-or underapplied overhead.\ Prepare the journal entry to transfer the over- or underapplied balance to Cost of Goods Sold.\ Based on this, what relationship can be inferred?\ Complete this question by entering your answers in the tabs below.\ Compute the over- or underapplied overhead.\ Over- or underapplied overhead\ Underapplied by\

$,11,000

Change in Cost of Goods Sold $80,000 $82,000 $60,000 $40,000 $20,000 \$0 Beginning Cost of Goods Sold +4+ able au Required: 1. Compute the over- or underapplied overhead. 2. Prepare the journal entry to transfer the over- or underapplied balance to Cost of Goods Sold. 3. Based on this, what relationship can be inferred? Complete this question by entering your answers in the tabs below. Compute the over- or underapplied overhead