poration Has A Marl+ ? 2060 2 B&B uses a predetermined manufacturing overhead rate based on machine-hours. For the month of October Estimated overhead cost Actual overhead cost Estimated machine hours Actual machine hours 300,000 375,000 10,000 11,000 Before disposition of the underapplied/overapplied overhead, balances from B&B's accounting records on October 30th are as follows: Sales Cost of Goods Sold 1,200,000 720,000 t (00,000 Inventories: Work in Process Finished Goods 80,000 100,000 460,000 or underapplied overhead is allocated to applicable inventories and cost of goods sold based on Overapplied month end balances. In B&B's October income statement, it should report cost of goods sold of A S 684,500 B. S720,000 756,000 s 757,000 O DOD 330,000 Atylied - 3 7S,poo 4 S,000 Unde Type here to search /u PrtScn End FS F6 4