Florentine Inc. has provided the following data for its first month in business: Work-in-Process Finished Goods $2,380 $1,710 $1,520 Direct Material Direct Labor Overhead Applied $105,550 Actual manufacturing overhead was $31,000. The Cost of Goods Sold balance at the end of the month after allocation of any underapplied or overapplied manufacturing overhead for the month, using proration based on manufacturing overhead applied in ending balances, is closest to: $112,550 O $107,650 $16,790 $16,060 $9,880 $117,450 Cost of Goods Sold $41,830 $42,020 $26,600

Florentine Inc. has provided the following data for its first month in business: Actual manufacturing overhead was $31,000. The Cost of Goods Sold balance at the end of the month after allocation of any underapplied or overapplied manufacturing overhead for the month, using proration based on manufacturing overhead applied in ending balances, is closest to: $105,550 $112,550 $107,650 $117.450