estimated $$90,000$ of manufacturing overhead and an estimated allocation base of $$60,000$ in direct labor cost. The company has provided the following data:

The following actual costs were incurred during the year:

Suppose the company closes out any under$-$ or over$-$applied overhead cost to Cost of Goods Sold. How much was the company's adjusted Cost of Goods Sold?

Multiple Choice

$$453,000$

$$462,000$

$$447,000$

$$392,000$

$$532,000$