The following accounts are from last year's books at Sharp Manufacturing: Raw MaterialsBal0(b)154,000(a)164,000 10,000 Work In ProcessBal0(f)510,000(b)132,000 (c)168,000 (e)210,000 0 Finished GoodsBal0(g)460,000(f)510,000 50,000 Manufacturing Overhead(b)22,000(e)210,000(c)26,000 (d)156,000 (h)6,000 6,000Cost of Goods Sold(g)460,000(h)6,000 454,000 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?
A. $6,000 underapplied
B. $26,000 underapplied
C. $26,000 overapplied
D. $6,000 overapplied
Answer: D
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