Requirement 3(b): Identify the options available for disposing of underapplied or overapplied overhead? (Select all that apply.) Underapplied or overapplied overhead may be allocated among Work in Process, Finished Goods, and Cost of Goods Sold in proportion to the overhead applied Underapplied or overapplied overhead may be closed directly to Finished Goods Underapplied or overapplied overhead may be allocated between Work in Process and Finished Goods Underapplied or overapplied overhead may be allocated between Finished Goods and Cost of Goods Sold in proportion to the overhead applied Underapplied or overapplied overhead may be closed directly to Work in Process Underapplied or overapplied overhead may be closed directly to Cost of Goods Sold Underapplied or overapplied overhead may be allocated between Work in Process and Cost of Goods Sold in proportion to the overhead applied