Overhead under applied by $3800

Please give explanation

Bonita Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes' optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $1,950,000 and that employees would work a total of 97,500 direct labor hours. During March, the company worked on the following five jobs. Direct Labor Hours added during March 140 Job Beginning Balance $118,400 121,250 22,000 34,350 134 158 212 287 Direct Materials added during March $3,000 2,300 86,300 71,900 19,030 $182,530 Direct Labor added during March $8,500 12,160 36,800 31,820 21,825 $111,105 280 3,470 2,620 1,400 7,910 301 Total $296,000 Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Assume that Bonita Company prorates under-or overapplied overhead to the appropriate accounts. Calculate the allocated amounts and adjust the account balances as needed. (Round percentage of total and final answers to 2 decimal places, e.g. 5,235.75.) Adjusted Balance Allocation Work In Process $ $ $ $ Finished Goods $ Cost of Goods Sold +