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Sheridan Company developed the following data for the current year: Sheridan Company's direct labor cost for the year is $52000$474000$274000$230000 During 2022, Coronado Industries expected

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Sheridan Company developed the following data for the current year: Sheridan Company's direct labor cost for the year is $52000$474000$274000$230000 During 2022, Coronado Industries expected Job No. 51 to cost $500000 of overhead, $580000 of materials, and $200000 in labor. Coronado applied overhead based on direct labor cost. Actual production incurred overhead of $310000,$580000 in materials, and $200000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? During 2022, Coronado Industries expected Job no. 59 to incur $350000 of overhead, $450000 of materials, and $175000 in labor. Coronado applied overhead based on direct labor cost. Actual production incurred overhead of $290000,$610000 in materials, and $230000 in labor. All of the goods were completed. What is the amount of over-or underapplied overhead for this job? $60000 underapplied $170000 overapplied $170000 underapplied $60000 overapplied

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