Q 15.41:The Manufacturing Overhead account shows debits of $480,000, $384,000, and $448,000 and one credit for $1,248,000. Based on this information, what is the impact, if any, on Cost of Goods Sold?

A : Cost of Goods Sold will be debited for the $64,000 of overapplied overhead

B : Cost of Goods Sold will be credited for the $64,000 of overapplied overhead

C : Cost of Goods Sold will be credited for the $64,000 of underapplied overhead

D : Cost of Goods Sold will be debited for the $64,000 of underapplied overhead