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The following accounts are from last years books at Sharp Manufacturing: Raw Materials Bal 0 (b) 154,200 (a) 164,500 10,300 Work In Process Bal 0
The following accounts are from last years books at Sharp Manufacturing:
| Raw Materials | |||
| Bal | 0 | (b) | 154,200 |
| (a) | 164,500 | ||
| 10,300 | |||
| Work In Process | |||
| Bal | 0 | (f) | 510,800 |
| (b) | 132,100 | ||
| (c) | 168,200 | ||
| (e) | 210,500 | ||
| 0 | |||
| Finished Goods | |||
| Bal | 0 | (g) | 461,000 |
| (f) | 510,800 | ||
| 49,800 | |||
| Manufacturing Overhead | |||
| (b) | 22,100 | (e) | 210,500 |
| (c) | 26,100 | ||
| (d) | 156,200 | ||
| 6,100 | |||
| Cost of Goods Sold | |||
| (g) | 461,000 | ||
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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