Knowledge Check 02 Stoneside Inc. has provided you with the following information for its Manufacturing Overhead account at the end of the period. Actual manufacturing overhead costs incurred total $31,910. The company applied manufacturing overhead cost in the amount of $28,900. What is the overapplied or underapplied manufacturing overhead? Multiple Choice $3,010 Underapplied $3,010 Overapplied $5,990 Underapplied $5,990 Overapplied Knowledge Check 01 Which of the following is the correct way to adjust overapplied manufacturing overhead? Multiple Choice Add to cost of goods sold Deduct from cost of goods manufactured Deduct from cost of goods sold Add to cost of goods manufactured