Stjohns Corporation uses a job-order costing system and has provided the following partially completed summary T-accounts for the just completed period: Work In ProcessBal22,000Credits534,000Direct materials85,000 Direct labor161,000 Overhead applied273,000 Bal.? Manufacturing OverheadDebits200,000Credits? Manufacturing overhead for the period was:
A. $73,000 Underapplied
B. $7,000 Overapplied
C. $7,000 Underapplied
D. $73,000 Overapplied
Answer: D
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