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Reference: 05-09 The Tse Manufacturing Company uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. The company closes out

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Reference: 05-09 The Tse Manufacturing Company uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. The company closes out any balance in the Manufacturing Overhead account to Cost of Goods Sold. During the year the company's Finished Goods inventory account was debited for $125,000 and credited for $110,000. The ending balance in the Finished Goods Inventory account was $28,000. At the end of the year, manufacturing overhead was overapplied by $4,500. How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead costs were different from the actual? $10,000 $4,000. $6,000. o $14,000 Reference: 05-09 The Tse Manufacturing Company uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. The company closes out any balance in the Manufacturing Overhead account to Cost of Goods Sold. During the year the company's Finished Goods inventory account was debited for $125,000 and credited for $110,000. The ending balance in the Finished Goods Inventory account was $28,000. At the end of the year, manufacturing overhead was overapplied by $4,500. How much of any underapplied or overapplied overhead would have been due to the fact that the estimated overhead costs were different from the actual? $10,000 $4,000. $6,000. o $14,000

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