Company A had total applied manufacturing overhead for the year of $400,000. The actual manufacturing overhead at the end of the period was determined to be $450,000. The manufacturing overhead variance is deemed to be immaterial. The unadjusted cost of goods sold balance is $550,000. Using the information provided, please calculate the following:

 

A.    Manufacturing overhead variance :                                             __________________

 

B. Is the overhead variance over or underapplied? :                          __________________

 

C. Adjusted cost of goods sold balance ;                                          __________________

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