Huckvale Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two direct cost categories-direct materials and direct manufacturing labor-and one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2020. View the manufacturing overhead costs information for 2020. View the other information available as of December 31, 2020. Requirement Calculate the underallocated or overallocated manufacturing overhead at the end of 2020 and prorate it to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. Account Balance (Before Account Proration) Actual Direct Manufacturing Current Year (Before Labor-Hours Proration) Overhead in Each Account Balance Allocated in the Account Manufacturing Balance Overhead as a Proration Percent of Total Amount (After) Proration) Work-in-process control $ 45,000 700 % Finished goods control $ 65,000 1,540 % $ 1,600,000 25,760 % Cost of goods sold $ 1,710,000 28,000 % Total Clear all Check answer