Determine the amount of overapplied or underapplied overhead for the period. Assuming that the entire amount of under/overapplied manufacturing overhead is closed put to the Cost of Goods Sold account, what would be the effect (amount and direction) on the company's net income for the period? a wholesale distributor of large custom built machine cabinets, has noticed a fluctuation in its shipping expenses from month, as shown below: the high-low method estimate the fixed and variable cost elements of the Shipping your estimates from (a) what is the expected total shipping cost if 260 units were shipped? Determine the amount of overapplied or inderapplied overhead for the period. Assuming that the entire amount of under/overapplied manufacturing overhead is closed put to the Cost of Goods Sold account, what would be the effect (amount and direction) on the company's net income for the period? a wholesale distributor of large custom built machine cabinets, has noticed a fluctuation in its shipping expenses from month, as shown below: the high-low method estimate the fixed and variable cost elements of the Shipping your estimates from (a) what is the expected total shipping cost if 260 units were shipped