Please provide detail solutions 6 (10 points) A company under applied $18,000 of overhead during the year This amount is considered material The following information is available about account balances and applied overhead in each account A oH Account Prime Costs Applied Overhead Total Raw Materials $ 20,000 $ 0 $ 20,000 WIP Inventory $ 18,000 $ 4,000 $ 22,000 FG Inventory $ 9,000 $ 12,000 $ 21,000 Cost of Goods Sold $ 33,000 $ 16,000 $ 49,000 Totals $ 80,000 $32,000 $112,000 What is the difference in the amount of Under applied overhead closed to Cost of Goods Sold between the account balance proration method and the applied overhead proration method Round answers to the nearest dollar

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Please provide detail solutions 6  (10 points) A company under applied $18,000 of overhead during the year  This amount is considered material  The following information is available about account balances and applied overhead in each account  A oH Account Prime Costs Applied Overhead Total Raw Materials $ 20,000 $ 0 $ 20,000 WIP Inventory $ 18,000 $ 4,000 $ 22,000 FG Inventory $ 9,000 $ 12,000 $ 21,000 Cost of Goods Sold $ 33,000 $ 16,000 $ 49,000 Totals $ 80,000 $32,000 $112,000 What is the difference in the amount of Under applied overhead closed to Cost of Goods Sold between the account balance proration method and the applied overhead proration method  Round answers to the nearest dollar

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Please provide detail solutions 6. (10 points) A company under-applied $18,000 of overhead during the year. This

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Intermediate Accounting

Please provide detail solutions 6. (10 points) A company under-applied $18,000 of overhead during the year. This

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Intermediate Accounting

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