closed out auez Corporation, any overapplied or underapplied manufacturing overhead is 36) In the manufacturingds Sold. Last year, the Corporation incurred $27,000 in actual beginning and ehc and applied $29,000 of manufacturing overhead cost to jobs. The Goods Manufacres of Finished Goods were equal, and the Corporation's Cost of out to Cost of ermhe year totaled $71,000, Given this information, Cost of Goods Sold, after adjustment for any have been: applied or underapplied manufacturing overhead, for the year must or A) $98,000 B) $73,000 C) $71,000 D) $69,000 37) Besha w Inc. has provided the following data for the month of January. There were no ing inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Cost of Goods Sold Finished Process Goods S 3,440 $ 8,450 16,250 6,050 Work In Total Direct materials 61,880 S 73,770 119,000 141,410 55,000 Direct labor 6,160 3,300 Manufacturing overhead 45,650 applied Total S 12900 S 30,750 S 226,530 S 270,180 Manufacturing overhead for the month was underapplied by $7,000 The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The cost of goods sold for January after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to A) $233,530 B) $220,720 C) $232,340 D) $219,530