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XYZ Company Ltd ends the month with two jobs still in progress, Job 5 and Job 6. The cost of the remaining Job 5 was

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XYZ Company Ltd ends the month with two jobs still in progress, Job 5 and Job 6. The cost of the remaining Job 5 was $20,000, and Job 6 was $40,000. The cost of goods sold for the month was $20,000 and the finished goods in stock as the month ended was $20,000. If the manufacturing overhead was underapplied by $10,000 and the underapplied overhead would be prorated based on the total ending balances in Work in Progress, Finished Goods Inventory and Cost of Goods Sold, how much of the underapplied overhead would be charged against Job 6? The entire $10,000 of underapplied manufacturing overhead should be allocated to cost of goods sold $2,000 of the underapplied manufacturing overhead should be allocated to Job 6 O $4,000 of the underapplied manufacturing overhead should be allocated to Job 6 O $2,500 of the underapplied manufacturing overhead should be allocated to Job 6

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