Selected ledger accounts for Realm Company are given below for the just-completed year. Bal. 1/1 Debits Raw Materials 48,000 Credits 510,000 Bal. 31/12 Debits 96,000 Manufacturing Overhead 444,200 Credits Bal. 1/1 Direct materials Direct labour Overhead Bal. 31/12 Debits ? Work in Process 97,000 Credits 960,100 356,000 146,000 462,800 Factory Wages Payable. 224,000 Bal. 1/1 28,000 Bal. 1/1 97,000 Credits 960,100 Direct materials 356,000 Direct labour 146,000 Overhead 462,800 Bal. 31/12 2 Factory Wages Payable Debits 224,000 Bal. 1/1 28,000 Credits 220,000 Bal. 31/12 24,000 Finished Goods Bal. 1/1 72,400 Credit Debits Bal. 31/12 ? 184,000 Debits Cost of Goods Sold 7. Was manufacturing overhead underapplied or overapplied? By how much? Answer is complete but not entirely correct. Manufacturing overhead was overapplied by $ 30 x