The Manufacturing Overhead account shows debits of $$240,000,$$$192,000,$ and $$224,000$ and one credit for $$688,000.$ Based on this

information, what is the impact, if any, on Cost of Goods Sold?

Cost of Goods Sold will be debited for the $$32,000$ of underapplied overhead

Cost of Goods Sold will be debited for the $$32,000$ of overapplied overhead

Cost of Goods Sold will be credited for the $$32,000$ of underapplied overhead

Cost of Goods Sold will be credited for the $$32,000$ of overapplied overhead