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Business, 06.05.2020 03:21 cmucutie1

Before prorating the manufacturing overhead costs at the end of 2020, the Cost of Goods Sold and Finished Goods Inventory accounts had applied overhead costs of $59,400 and $39,000 in them, respectively. There was no Work-in-Process at the beginning or end of 2020. During the year, manufacturing overhead costs of $93,000 were actually incurred. The balance in the Applied Manufacturing Overhead was $98,400 at the end of 2020. If the under- or overapplied overhead is prorated between Cost of Goods Sold and the inventory accounts, what will be the Cost of Goods Sold balance after the proration

a.$913.
b.$1,228.
c.$2,637.
d.$955

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