Question 9 2 pts A company is using normal costing and overhead is underallocated by $10,000 for the year. If this amount is closed totally to Cost of Goods Sold, the net operating income for the company is $120,000. If the $10,000 is prorated, $500 would be charged to Work in Process and $1,500 to Finished Goods. If the underallocated overhead is prorated, the net operating income for the company would be O $122,000 $112,000 O $128,000 O None of these answers are correct. O $118,000