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| Total Overhead applied | 120000 | =10000+30000+80000 |
| Overapplied overhead allocated to: | ||
| Work in process | 5000 | =60000*10000/120000 |
| Finished goods | 15000 | =60000*30000/120000 |
| Cost of goods sold | 40000 | =60000*80000/120000 |
| Unadjusted Cost of goods sold | 200000 | |
| Less: Overhead overapplied | 40000 | |
| Cost of goods sold | 160000 | |
| Option C $160,000 is correct |
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36. The following account balances and information are available for Stevens Inc. at...
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