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The following accounts are from last year's books at Sharp Manufacturing: Balance (a) Balance (f) (g) Debit Debit Debit Raw Materials Multiple Choice 0 (b)
The following accounts are from last year's books at Sharp Manufacturing: Balance (a) Balance (f) (g) Debit Debit Debit Raw Materials Multiple Choice 0 (b) 164,000 10,000 Finished Goods 0(g) 510,000 50,000 Cost of Goods Sold 460,000 $6,000 underapplied Credit O $6,000 overapplied Credit Credit 154,000 Balance (b) (c) (e) 460,000 (b) (c) (d) Debit Debit Work In Process 0 (f) 132,000 168,000 210,000 0 Manufacturing Overhead 22,000 (e) 26,000 156,000 Credit Credit 510,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
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