n DecemDel Cituate Cost of Goods Sold s, and 4,300 desks and the ending Finished Goods Inventory n DecellU balance for December. 4-28 Under-and overapplied overhead (LO 6) Refer to Problem 4-27. If you have t completed that problem, do so at this time. Required a. ErgoFurn incurred $395,000 in manufacturing overhead in December. Given that expenditure, was manufacturing overhead under- or overapplied for the year? By how much? b. Why was overhead under- or overapplied for the year? c. Assume that ErgoFurn closes under- or overapplied overhead to the Cost of Goods Sold d. Assume that ErgoFurn prorates under- or overapplied overhead to the appropriate e. Which method of under- or overapplied overhead disposition is more appropriate for account. Prepare the journal entry to close the manufacturing overhead account. accounts. Calculate the allocated amounts and adjust the account balances as needed. ErgoFurn? Why