Seuell Inc. has provided the following data for the month of December. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Direct materials Direct labor Manufacturing overhead applied Total Cost of Work In Finished Goods Process Goods Sold Total $ 4,080 $18,630 $ 66,240 $ 88,950 5,380 24,300 86,400 116,080 3,780 13,230 45,990 63,000 $13,240 $56,160 $198,630 $268,030 Manufacturing overhead for the month was overapplied by $12.000, The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The journal entry to record the allocation of any underapplied or overopplied manufacturing overhead for December would include the following: Manufacturing overhead for the month was overapplied by $12,000 The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts The journal entry to record the allocation of any underapplied or overapplied manufacturing overhead for December would include the following 31 Multiple Choice O debit to Finished Goods of $2520 O credit to Finished Goods of $2.520 debt to shed Goods of $56.360 credit to Finished Goods of $56.360 0 0 G DELL F1 F2 F3 F5 F6 F7 F8 F9 F10 F11 F12 Priser Insert F4 2x